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Mimi Company has the following account balances: Mimi Company Account Balances Journal Entry Amount Accounts Payable $25,000 Capital Stock $35,000 Cash $10,000 Inventory $50,000 Land
Mimi Company has the following account balances: Mimi Company Account Balances Journal Entry Amount Accounts Payable $25,000 Capital Stock $35,000 Cash $10,000 Inventory $50,000 Land $100,000 Notes Payable $40,000 Retained Earnings $60,000 What is the amount of total OWNERS' EQUITY? Group of answer choices $160,000 $65,000 $35,000 $95,000 $125,000 $105,000
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Managerial Accounting
Authors: Carl S. Warren, James M. Reeve, Jonathan Duchac
13th edition
978-1285868806, 1285868803, 978-1305691254, 978-1305465640, 1305465644, 978-1285866307
