Question
On July 1 of the current year, the assets and liabilities of John Wong, DVM, are as follows: Cash, $10,882; Accounts Receivable, $8,058; Supplies, $1,991;
On July 1 of the current year, the assets and liabilities of John Wong, DVM, are as follows: Cash, $10,882; Accounts Receivable, $8,058; Supplies, $1,991; Land, $24,364; Accounts Payable, $5,670. What is the amount of stockholders' equity as of July 1 of the current year?
$_______
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Connect For Computer Accounting With Quickbooks 2021
Authors: Author
20th Edition
1264069200, 9781264069200
