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US Kimmel, Accounting, 6e B Practice Assignment Gradebook ORION Downloadable eTextbook ssignment Concord Corporation compiled
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Answer #1

Answer: $567,500

Explanation

Concord’s assets on December 31, 2014 = Equipment + Cash+ Supplies + Accounts Receivable

= 245,000 + 203,000 + 34,000 + 85,500

= $567,500

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