Ali's total equity in the business is 2. Mehmeh Sdn Bhd reports the following assets and...

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Alis total equity in the business is 2. Mehmeh Sdn Bhd reports the following assets and liabilitie Bank=65500. Accounts Paya

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Answer 1

Answer #1

Accounts Payable	23700
Bonds	8000
Total Liabilities to be reported in Balance Sheet	31700

Note: Bank, Buildings and Accounts Receivable are Assets

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Answer 2

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