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(Sabio) : Equipment 400,000 Accounts Receivable 360,000 Allowance For Doubtful Accounts 54,000 Sabio, Captial 706,000

This document outlines the starting balance sheet for Sabio which includes equipment valued at $400,000, accounts receivable of $360,000 with an allowance for doubtful accounts of $54,000 resulting in net receivables of $306,000, and total capital of $706,000 which is the sum of the equipment and net receivables.

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126 views2 pages

(Sabio) : Equipment 400,000 Accounts Receivable 360,000 Allowance For Doubtful Accounts 54,000 Sabio, Captial 706,000

This document outlines the starting balance sheet for Sabio which includes equipment valued at $400,000, accounts receivable of $360,000 with an allowance for doubtful accounts of $54,000 resulting in net receivables of $306,000, and total capital of $706,000 which is the sum of the equipment and net receivables.

Uploaded by

studentone
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as XLSX, PDF, TXT or read online on Scribd
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PROBLEM # 2

[Sabio]

Equipment 400,000
Accounts Receivable 360,000 306,000
Allowance for Doubtful Accounts 54,000
Sabio, Captial 706,000

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