Use the basic accounting equation to answer these questions.
(a) The liabilities of Daley Company are $98,920 and the stockholders’ equity is $256,100. What is the amount of Daley Company’s total assets?
Total assets
$
Revenue during the period.
(b)
Supplies on hand at the end of the year.
(c)
Cash received from issuing new bonds during the period.
(d)
Total debts outstanding at the end of the period.
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