Flores realty company has the following balance sheet


Flores Realty Company has the following balance sheet accounts and balances: Accounts Payable $6,000 Earl Flores, Capital ? Accounts Receivable $1,000 Equipment $7,000 Building $8,000 Land $7,000 Cash $3,000 If, $3,000 of accounts payable were paid in cash, what would be the total of liabilities and owner's equity?

Request for Solution File

Ask an Expert for Answer!!
Financial Accounting: Flores realty company has the following balance sheet
Reference No:- TGS01589499

Expected delivery within 24 Hours