Can somebody help me with this question? How much of the businesss assets does...
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Can somebody help me with this question? How much of the businesss assets does Morin really own?
Assets Liabilities Stockholders' Equity Accts Medical Accts Ne CommonRetanedType of Equty Cash . Rec . Suppiest Land Pay + Parable. Slock . Enng, Tursadon ul6 153 000 153,000 Issuend stock 59 000 9 (50,000) 12 15 2.200 6 Moned $153 000 in the business, which in furn issaed ts common stock to e 9 The business pad cash ox land costing $99 00o Moin plans to huil an oc burieng 5-31 4,8504850 15-31 (5,200) 9,700 Service revenue 1400) Rent expinse .200) Salary expense os he land 12 The business purchaned medical supoplies for $2,200 on account 15 Drow MornPC thaty opened for tusness 531 Durng the rest ot the month, Morn tealed palents and eaned service svense of 9 700, neceiving carshor hef the revenue office reel $1 400 15 31 The buniness pad cash espenses omployoe sas $3,200 (100) 3 100 31 32,000 31 (1,100) 2.000 1,100 4 500 1,100 32,000153.0 Ba 124 650 4 850 Total 2,100 59.000 190 000 100 600 tee anv number in the edit fields and then click Check
How much of the businesss assets does Morin really own?

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