Solved: The total assets of dylan company are 62850 owners capital, Accounting Basics

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The total assets of dylan company are 62850 owners capital

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The total assets of Dylan Company are $62,850. Owner's capital account is $28,870; drawings are $6,880; revenues, $44,100; and expenses, $29,470. What is the amount of the company's total liabilities?

The total assets of Capp Co. are $840,000 and its liabilities are equal to two-thirds of its total assets. What is the amount of Capp Co.'s owner's equity?

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Accounting Basics: The total assets of dylan company are 62850 owners capital

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Accounting Basics: The total assets of dylan company are 62850 owners capital

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