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The liabilities of Lantz Company are 95300 and the stockholders equity is 261000. What is the amount of Lantz Companys total assets. The total assets of Salley Company are 195000 and its stockholders equity is 87000.
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LO 3 Presented below is the basic accounting equation. Determine the missing amounts. Assets Liabilities Owners Equity a 90000 50000.
44000 70000 c 94000. Use basic accounting equation. LO 3 Given the accounting equation answer each of the.
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Use basic accounting equation. At the beginning of the year Gilles Company had total assets of 800000 and total liabilities of 300000.