FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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How do I get both sides to balance? Assets =Liabilities and
Assets | Liabilities and Stockholders Equity | |||
Cash | $ 7,000.00 | Accounts Payable | $14,000 | |
Accounts Recievable | $ 19,000.00 | Long-Term Debt | $140,000 | |
Inventory | $170,000.00 | Shareholders Equity | $7,000 | |
PP&E | $ 70,000.00 | |||
266,000 | $161,000 | |||
Cash | $ 7,000.00 | |||
inventory of TV | $ 170,000.00 | |||
PP&E | 70000 | |||
Accounts Recievable | $ 19,000.00 | |||
Accounts Payable | $14,000 | |||
Long-Term Debt | $140,000 | |||
Shareholders Equity | XX |
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