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The following items are components of a traditional balance sheet. How much are the total assets of the firm? plant & equipment $42,500 common stock
The following items are components of a traditional balance sheet. How much are the total assets of the firm?
plant & equipment $42,500
common stock $15,000
cash $6,000
Inventory $23,900
Bad debt reserve $6,000
Additional paid-in capital $6,000
Accumulated depreciation $26,500
Accounts Receivable $22,000
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