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  1. Determine the amount of total assets, current assets noncurrent assets

    Determine the amount of total assets, current assets, and noncurrent assets at the end of the period, given the following data:

    Current liability, ending balance $50,000
    Current ratio,...
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    Depreciation expense was $2,700

    QED Electronics Company had the following transactions during April while conducting its television and stereo repair business.
    1. A new repair truck was purchased for $19,000.
    2. Parts with a...
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