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Using the opening balances provided in the balance sheets below, enter the updated amounts for each transaction in the blank balanc sheets labelled Answers. Do
Using the opening balances provided in the balance sheets below, enter the updated amounts for each transaction in the blank balanc sheets labelled Answers. Do not enter dollar signs or commas in the input boxes. 1. Akira received a bank loan of $5,000. Opening Balances Assets Cash Investment Contents of Home Automobile House Total Assets Liabilities $2,400 $2,000 $4,700 $6,200 $42,900 $58,200 $58,400 $116,600 Liabilities + Net Worth $116,600 $4,300 Unpaid Accounts $8,300 Bank Loan $6,800 Automobile Loan $23,700 Student Loan $73,500 Mortgage Total Liabilities Net Worth
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