Question
The following items are components of a traditional balance sheet. How much are the total assets of the firm? Plant and equipment $41,200 Common Stock
The following items are components of a traditional balance sheet. How much are the total assets of the firm?
Plant and equipment $41,200
Common Stock $15,000
Cash $5,900
Inventory $21,000
Bad Debt Reserve $6,000
Additional paid in capital $6,000
Accumulated depreciation $27,800
Accounts Receivable $22,000
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Financial Accounting
Authors: Libby, Short
6th Edition
978-0071284714, 9780077300333, 71284710, 77300335, 978-0073526881
