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Please check the image and answer the following questions Chapter 1 Homework Exercises.pdf (page 1 of 7)- Chapter 1 Financial Statements Personal Application Questions Group
Please check the image and answer the following questions
Chapter 1 Homework Exercises.pdf (page 1 of 7)- Chapter 1 Financial Statements Personal Application Questions Group A AP-1A (0) April Rose had the following financial data for the year ended December 31,2016 $6,000 10,000 18,000 256,000 45,000 5,000 140,000 Cash House Bank Loan Credit Card a) Calculate April Rose's total assets b) Calculate April Rose's total liabilities AP-2A (0 0) Consider the following information for Julilus Troy Cash $12,000 18,000 22,000 161,000 Credit Card Bank Loan 10,000 Scanned with CamScanner Chapter 1 Homework Exercise Chapter 1 Financial Statements: Personal Accounting Required a) Calculate Julius Troy's total assets. b) Calculate Julius Troy's total liabilities. Calculate Julius Troy's net worth. AP-3A (O) Darryl purchased a new laptop on January 1,2016 worth $2.000. He paid the entire amount using cash. He also purchased a new cell phone worth $300 on account. How will these transactions affect Darryl's net worth Step by Step Solution
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