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On July 1 of the current year, the assets and liabilities of John Wong, DVM, are as follows: Cash, $10,541; Accounts Receivable, $8,705; Supplies,
On July 1 of the current year, the assets and liabilities of John Wong, DVM, are as follows: Cash, $10,541; Accounts Receivable, $8,705; Supplies, $1,842; Land, $24,045; Accounts Payable, $5,777. What is the amount of stockholders' equity as of July 1 of the current year?
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Intermediate Accounting
Authors: Kin Lo, George Fisher
Volume 1, 1st Edition
132612119, 978-0132612111
