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ACC/561 ACC 561 Week 1 Assignment

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;;Brief Exercise 1-7;Indicate which statement you would examine to find each of the following items: income statement, balance sheet, retained earnings statement, or statement of cash flows.;;;Brief Exercise 1-8;; Use the basic accounting equation to answer these questions.;(a) The liabilities of Daley Company are $95,310 and the stockholders? equity is $238,100. What is the amount of Daley Company?s total assets?;

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