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Use the accounting equation to answer each of the following questions. (a) The liabilities of Blossom Company are t90,000. Share capital-ordinary is t156,000; dividends are
Use the accounting equation to answer each of the following questions. (a) The liabilities of Blossom Company are t90,000. Share capital-ordinary is t156,000; dividends are t84,000; revenues, t446,000; and expenses, t320,000. What is the amount of Blossom's total assets? Alli Company's total assets t (b) The total assets of Kalim Company are t57,000. Share capital-ordinary is t15,000; dividends are t7,000; revenues, t45,000; and expenses, t29,000. What is the amount of the company's total liabilities? Company's total liabilities t
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