3) Brad Cooper, an accountant, is in business with the following assets and liabilities: a) Set up the financial positio

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3 Brad Cooper An Accountant Is In Business With The Following Assets And Liabilities A Set Up The Financial Positio 1 (131.72 KiB) Viewed 39 times

3) Brad Cooper, an accountant, is in business with the following assets and liabilities: a) Set up the financial position of B. Cooper in T-accounts using the balance sheet balances as shown below. L 12 KIU) Assets Bank A/R R. Fawcett Supplies Equipment Automobile $ 4 000 300 800 Liabilities A/P - Proctor's Bank Loan Mortgage $700 3 000 1 000 12 000 10 000 b) Calculate and record the Capital balance. I 12 KIU)