Question
On July 1 of the current year, the assets and liabilities of John Wong, DVM, are as follows: Cash, $10,352 Accounts Receivable, $8,171 Supplies, $1,962
On July 1 of the current year, the assets and liabilities of John Wong, DVM, are as follows: Cash, $10,352 Accounts Receivable, $8,171 Supplies, $1,962 Land, $24,381 Accounts Payable, $5,608. What is the amount of owner's equity (John Wong's capital) as of July 1 of the current year?
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Factory Accounts
Authors: John Whitmore
1st Edition
0367494825, 9780367494827
