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Question - Taylor Equipment Repair Service is owned by Jason Taylor.
Cash $33,700
Supplies 5,780
Accounts Receivable 12,600
Equipment 77,400
Accounts Payable 23,400
Use the above figures to make balance sheet dated February 28, 2019.
Analyze -
What is the net worth, or owner's equity, at February 28, 2019, for Taylor Equipment Repair Service?
Use the above figures to prepare a balance sheet dated February 28, 2019.
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