Flores realty company has the following balance sheet, Ask an Expert

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Flores Realty Company has the following balance sheet accounts and balances: Accounts Payable $6,000 Earl Flores, Capital ? Accounts Receivable $1,000 Equipment $7,000 Building $8,000 Land $7,000 Cash $3,000 If, $3,000 of accounts payable were paid in cash, what would be the total of liabilities and owner's equity?

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Financial Accounting, Accounting

Category:- Financial Accounting
Reference No.:- M91961760

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