1. Business
  2. Accounting
  3. assets liabilities fixed assetequipment 800000 owners equity inventory materials 100000...

Question: assets liabilities fixed assetequipment 800000 owners equity inventory materials 100000...

Question details

Business of Mr. Baggins and Mr. Ant Step 1 Mr. Baggins decided to do business in the production of rapidly decomposing plasti

Assets Liabilities
Fixed Asset(Equipment) 800000 Owners equity
Inventory (Materials) 100000 Mr Baggins equity 400000
Cash 100000 Mr Ant Equity 600000
Total 1000000 Total 1000000
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