The following items are components of a traditional balance


The following items are components of a traditional balance sheet. How much are the total assets of the firms?

Plan and Equipment $43,300

Common Stock 15,000

Cash 5,400

Inventory 22,600

Bad debt reserve 6,000

Paid in excess 6,000

Accumulated depreciation 26,700

Accounts receivable 22,000

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Financial Management: The following items are components of a traditional balance
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