Immediately prior to this transaction the corporation had

Reference no: EM13581022

Beta Corporation purchased $230,000 worth of land by paying 23,000 cash and signing a $207,000 mortgage. Immediately prior to this transaction the corporation had assets, liabilities, and owners' equity in the amounts of $163,000, $36,500, and $126,500 respectively. What is the total amount of Beta Corporation's assets after this transaction has been recorded?

Reference no: EM13581022

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