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The following items are components of a traditional balance sheet. How much a the total assets of the firm? Plant and equipment $40,200 Common stock
The following items are components of a traditional balance sheet. How much a the total assets of the firm? Plant and equipment $40,200 Common stock 15,000 Cash 7,500 Inventory 21,900 Bad debt reserve 6,000 Additional paid-in capital 6,000 Accumulated depreciation 27,100 Accounts receivable 22,000
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