Construct a balance sheet for the following data. What is shareholders equity?
cash balance= 10000
inventory of sofa = 200000
store =100000
accounts receiveable= 22000
accounts payable= 17000
long term debt= 170000
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Construct a balance sheet for the following data. What is shareholders equity?
cash balance= 10000
inventory of sofa = 200000
store =100000
accounts receiveable=…
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