genevakathleen genevakathleen
  • 19-05-2024
  • Mathematics
Answered

The following information is provided for Sacks Company before closing entries. Cash$ 12,000 Supplies4,500 Prepaid rent2,000 Salaries expense4,500 Equipment65,000 Service revenue30,000 Miscellaneous expenses20,000 Dividends3,000 Accounts payable5,000 Common stock68,000 Retained earnings8,000 What is the amount of total shareholders' equity?



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