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On August 31 of the current year, the assets and liabilities of Gladstone, Inc. are as follows: Cash $29,400; Supplies, $790; Equipment, $9,400; Accounts Payable,
On August 31 of the current year, the assets and liabilities of Gladstone, Inc. are as follows: Cash $29,400; Supplies, $790; Equipment, $9,400; Accounts Payable, $8,200. What is the amount of stockholders' equity as of August 31 of the current year?
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Financial Accounting IFRS
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
2nd edition
