Homework Answers
Answer:
Accounting Equation :
Assets = Liabilities + Stockholders Equity
Cash + Accounts Receivable + Supplies + Land = Accounts Payable + Stockholders Equity
10955 + 8491 + 1969 + 24659 = 5631 + Stockholders Equity
Stockholders Equity = 46074 - 5631 = 40443
(I have taken figures as visible to me..)
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