3. Abra Traders had the following assets and liabilities: Cash P 50,000 Accounts Payable 40,000 Inventory 27,000 Accounts Receivable 81,000 Office Furniture 45,000 Loan from Proprietor 150,000 Service Vehicle 120,000 The owner's equity would be

3. Abra Traders had the following assets and liabilities: Cash P 50,000 Accounts Payable 40,000 Inventory 27,000 Accounts Receivable 81,000 Office Furniture 45,000 Loan from Proprietor 150,000 Service Vehicle 120,000 The owner's equity would be

Name: 3. Abra Traders had the following assets and liabilitiesCash P 50,000
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Description: 3. Abra Traders had the following assets and liabilitiesCash P 50,000Accounts Payable 40,000Inventory 27,000Accounts Receivable 81,000Office Furniture 45,000Loan from Proprietor 150,000Service Vehicle 120,000The owner's equity would besibility. Good

EBK CFIN

6th Edition

ISBN:9781337671743

Author:BESLEY

Publisher:BESLEY

Chapter2: Analysis Of Financial Statements

Section: Chapter Questions

Problem 9PROB

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