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Knowledge Check 01 Franklin Corporation has the following account balances at the end of the year. What is stockholders' equity? $17,000 $23,000 Accounts Payable Accounts

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Knowledge Check 01 Franklin Corporation has the following account balances at the end of the year. What is stockholders' equity? $17,000 $23,000 Accounts Payable Accounts Receivable Cash Equipment, net Notes Payable Salaries Payable Supplies $35,000 $41,000 $29,000 $ 8,000 $ 3,000 Multiple Choice % 5 & 7 3 4. 6 8 9

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