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  3. a company has the following assets and liabilities

A company has the following assets and liabilities: $ Cash at bank 27,400 Accounts...

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Question

Accounting

A company has the following assets and liabilities:

$

Cash at bank 27,400

Accounts payable 20,400

Inventory 22,700

Accumulated depreciation 17,200

Accounts receivable 16,600

Mortgage payable 115,000

Equipment (cost) 124,000

Dividends 8,600

Net Assets would be:

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