The Blanco Company began operations this year and reported t…
The Blanco Company began operations this year and reported the following at the end of the year: Cash 8,200 Inventory 6,650 Accounts receivable 340 Common stock 8,400 Equipment 23,900 Advertising expense 560 Rent expense 850 Revenue 28,900 Notes payable 9,400 Payroll expense 6,200 What is the company’s total equity?
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