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Please find the answers and show how to solve: At December 31. Year 1, the accounting records of Braun Corporation contain the following items: 10
Please find the answers and show how to solve:
At December 31. Year 1, the accounting records of Braun Corporation contain the following items: 10 $ 11,000 $ 230,000 30,000 Accounts Payable Land Capital Stock Building Retained Earnings Accounts Receivable Cash Equipment Notes Payable $ 170,000 $ 150,000 $ 110,000 $ 180,000 cBook If Cash at December 31, Year 1, is $56,000, total assets amounts to: Multiple Choice $607.000 $746.000 $566,000. $596,000 At December 31, Year 1, the accounting records of Braun Corporation contain the following items: 9 $ 39,000 Accounts Payable Land Capital Stock Building Retained Earnings $ 15,500 $ 239,000 2 $ 179,000 $ 159,000 Accounts Receivable Cash Equipment Notes Payable $ 119,000 $ 189,000 . eBook If Cash at December 31, Year 1, Is $25,000, total owners' equity is: Multiple Choice $159,000 $396,500. $363,500 $601,000. 8 At December 31, Year 1, the accounting records of Braun Corporation contain the following items: Accounts Payable $ 14,000 Accounts Receivable $ 36,000 Land $ 236,000 Cash ? Capital Stock Equipment $ 116,000 Building $ 176,000 Notes Payable $ 186,000 Retained Earnings $ 156,000 eBook If Cash at December 31, Year 1, is $82,000, Capital Stock is Multiple Choice O S602 000 S164.000 $254,000. o $290,000 At December 31, Year 1, the accounting records of Braun Corporation contain the following items: 7 $ 18,000 $ 244,000 Accounts Payable Land Capital Stock Building Retained Earnings Accounts Receivable Cash Equipment Notes Payable $ 44,000 ? $ 124,000 $ 194,000 $ 184,000 $ 164,000 . Book If Capital Stock is $324,000, total assets of Braun Corporation December 31, Year 1, amounts to: Multiple Choice O $700.000 $744,000 $112.000 0 0 $944,000Step by Step Solution
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