Question
Michelle's bakery business has the following account balances at March 30, 2021: ovens (equipment) $38,000, inventories $4,100, accounts payables $2,650, bank loan of $5,000.
Michelle's bakery business has the following account balances at March 30, 2021: ovens (equipment) $38,000, inventories $4,100, accounts payables $2,650, bank loan of $5,000. Howard's owner's equity account balance as of March 30, 2021 is: $34,450 $39,450 $39,750 $26,250
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Financial Accounting
Authors: Robert Kemp, Jeffrey Waybright
2nd edition
978-0132771801, 9780132771580, 132771802, 132771586, 978-0133052152
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