Question
he Jones Company reported the following information at the end of the year: Accounts receivable $8,000, Cash $16,000, Equipment $82,000, Inventory $7,000, Notes payable $12,000
he Jones Company reported the following information at the end of the year: Accounts receivable $8,000, Cash $16,000, Equipment $82,000, Inventory $7,000, Notes payable $12,000 and Accounts payable $1,800. What is the companys total owners' equity?
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International Accounting A User Perspective
Authors: Suadagaran, Shahrokh M, Smith Lawrence Murphy
5th Edition
1531018661, 9781531018665
