You are the new CFO of Risk Surfing Ltd, which has current assets of $7,920, net fixed assets of$17,700, current liabilities of $4,580 and long-term debts of $5,890.Calculate owners’ equity and build a balance sheet for the company?

Principles of Accounting Volume 1
19th Edition
ISBN:9781947172685
Author:OpenStax
Publisher:OpenStax
Chapter3: Analyzing And Recording Transactions
Section: Chapter Questions
Problem 16EA: Discuss how each of the following transactions for Watson, International, will affect assets,...
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You are the new CFO of Risk Surfing Ltd, which has current assets of $7,920, net fixed assets of
$17,700, current liabilities of $4,580 and long-term debts of $5,890.Calculate owners’ equity and build a balance sheet for the company?

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ISBN:
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