Evaluate shareholders equity

Assignment Help Financial Accounting

Reference no: EM1310019

Balance Sheet. Construct a balance sheet for Sophie's Sofas give the following data. What is Shareholders equity?

Cash Balances = $10,000

Inventory of sofas = $200,000

Store and property = $100,000

Accounts receivable = $22,000

Accounts payable = $17,000

Long-term debt = $170,000

Reference no: EM1310019

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