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ACC231-Spring 2019 Homework: HW01 | Score: 0.27 of 1 pt | 4 of 12 (11 complete ,HW Score: 8468%, 10.16 of S1-6 (similar to) Question Help Wonder Way, Inc. has cash of $11,000, supplies costing $1,800, and stockholders equily of $11.800. Determine the labilies of the business Write the accounting equation for Wonder Way, Inc. Start by writing the fundamental accounting equation. Next, select the subcategories that make up the companys accounting equation and then enter the account balances to determine the amount of Wonder Way, Inc s liabilities Select the components of the fundamental accounting equation in proper order.) Assets Liabilities Stockholders equity Cash Supplies
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Since, there not account specified for Liabilities and Stockholders equity. Therefore, the same accounts have been used Solution: Assets Cash $11,000$1,6001,000 11,600 +SuppliesLiabilities Stockholders Equity

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