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Bundle: Financial & Managerial Acc...

13th Edition
Carl Warren + 2 others
ISBN: 9781305720619

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BuyFindarrow_forward

Bundle: Financial & Managerial Acc...

13th Edition
Carl Warren + 2 others
ISBN: 9781305720619
To determine

Basic Elements of the business: The assets, liabilities and shareholder’s equities are the basic components of the business. The shareholder’s equities are invested in a business to procure the assets which leads to the generation of the revenue for the business.

To identify: Each of the given elements with asset, liability or owner’s equity.

Explanation

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