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Liabilities and Equity Section - Balance Sheet
Given the following what is the Liabilities and Equity section of the balance sheet? Thank you!
There are 1,000,000 shares authorized and the par value is $10. Common Stock 125000 Additional Paid In Capital 175000 Retained Earnings 215000 Sales 968000 Rent Revenue 18000 Gain on Sale of Land 30000 Cost of Goods Sold 585000 Selling Expenses 232000 Administrative Expenses 99000 Income Tax Expense 38500 |
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