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Please see attached for question Following is the current balance sheet for a local partnership of doctors: Cash and current assets $ 81,000 Liabilities $
Please see attached for question
Following is the current balance sheet for a local partnership of doctors:
| Cash and current assets | $ | 81,000 | Liabilities | $ | 78,000 |
| Land | 236,000 | A, capital | 58,000 | ||
| Building and equipment (net) | 183,000 | B, capital | 78,000 | ||
| C, capital | 128,000 | ||||
| D, capital | 158,000 | ||||
| Totals | $ | 500,000 | Totals | $ | 500,000 |
| The following questions represent independent situations: |
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Fundamentals Of Accounting
Authors: Claudia Gilbertson
10th Edition
1111581169, 978-1111581169
