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Balance Sheet Jack and Jill Corporations year-end 2018 balance sheet lists current assets of $246,000, fixed assets of $796,

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Answer #1

Jack and Jill's total stockholders equity = $553,000

Please refer to below spreadsheet for calculation and answer. Cell reference also provided.

А в Balance Sheet Current Assets Fixed Assets Total Assets $246,000 $796,000 $1,042,000 Current liabilities Long-term debt St

Cell reference -

Balance Sheet Current Assets Fixed Assets 246000 796000 =SUM(C4:05) Total Assets Current liabilities Long-term debt Stockhold

Hope this will help, please do comment if you need any further explanation. Your feedback would be highly appreciated.

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