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The following items are components of a traditional balance sheet. How much are the total assets of the firms? Plan and Equipment $43,300 Common Stock
The following items are components of a traditional balance sheet. How much are the total assets of the firms?
Plan and Equipment $43,300
Common Stock 15,000
Cash 5,400
Inventory 22,600
Bad debt reserve 6,000
Paid in excess 6,000
Accumulated depreciation 26,700
Accounts receivable 22,000
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