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is this right? Problem 4: The following accounts are taken from the records of Monsters Incorporated at January 31, 2019, its first months of operations.

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Problem 4: The following accounts are taken from the records of Monsters Incorporated at January 31, 2019, its first months of operations. * Cash Accounts receivable unused supplies Land Building Equipment Bank loan Accounts payable $ $ $ $ $ $ $ $ 33,000 82,000 2,000 25,000 70,000 A 30,000 15,000 27,000 * * Page 2 w Common Stock Net income Dividends $ 159.00 $ 40,000 $ 1,000 Required: 1. Calculate the amount of total assets $242.000 2. Calculate the amount of total liabilities $42.000 3. Calculate the amount of common stock $242,000 - $42.000 = $200,000 - 41000 159,000

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