Calculate the missing amounts of total assets

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Reference no: EM131519495

Question: Suppose a local company has the following balance sheet accounts:

Accounts Balances

Land $8,000

Equipment ?

Salaries Payable 3,300

Notes Payable ?

Supplies 1,600

Cash 6,200

Stockholders' Equity 12,500

Accounts Payable 1,200

Prepaid Rent 2,200

Calculate the missing amounts assuming the business has total assets of $30,000.

Reference no: EM131519495

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