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QUESTION
I need a balance sheet for Mullens hardware for December 31st of last year the company assets are cash $15,000 accounts receivable $21,000 in
I need a balance sheet for Mullens hardware for December 31st of last year the company assets are cash $15,000 accounts receivable $21,000 in merchandise inventory $95,000 the liabilities are accounts payable $12,000 and wages payable $17,000 the owners capital is $102,000.
What what are the:
total assets
total liabilities
total liabilities and owner's equity?
