Homework Answers
((191,000)= L (Account payable 65,500+ Notes payable x)+ SE
(Retained Earnings 29,500+ Common Stock 13,500)
191,000 = 65,500 + x+29,500 + 13,500
191,000 = 108,500 + x
191,000-108,500=x
82,500=x)
So The Answer is $82,500
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