The total assets and total liabilities of ThriftShop, Inc. and Bullseye Corporation are shown below.   ThriftShop, Inc Bullseye Assets $15,751       $21,579       Liabilities 2,993       1,726       Determine the stockholders' equity of each company. ThriftShop’s stockholders’ equity $fill in the blank 1 Bullseye's stockholders’ equity $fill in the blank 2

Financial And Managerial Accounting
15th Edition
ISBN:9781337902663
Author:WARREN, Carl S.
Publisher:WARREN, Carl S.
Chapter1: Introduction To Accounting And Business
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Problem 4E: Accounting equation The total assets and total liabilities (in millions) of McDonalds Corporation...
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Accounting Equation

The total assets and total liabilities of ThriftShop, Inc. and Bullseye Corporation are shown below.

  ThriftShop, Inc Bullseye
Assets $15,751       $21,579      
Liabilities 2,993       1,726      

Determine the stockholders' equity of each company.

ThriftShop’s stockholders’ equity $fill in the blank 1
Bullseye's stockholders’ equity $fill in the blank 2
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