What is total value of sam permanent equity accounts

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Reference no: EM13144038

Sam Mehdi has received financial statements for this year through June 30th. His year-to-date total liabilities are $732,000. His stocks are shown as $400,000 and his retained earnings are $106,000. Year-to-date revenues are $702,498 and year-to-date expenses are $618,207. What is the total value of Sam’s permanent equity accounts as of June 30th?

Reference no: EM13144038

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