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    Entrepreneurship The Practice
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    Exam 17: Financial Statements and Projections for Startups
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    Sandy's Balance Sheet Shows Assets of $120,000, Liabilities of $100,000
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Sandy's Balance Sheet Shows Assets of $120,000, Liabilities of $100,000

Question 22

Question 22

True/False

Sandy's balance sheet shows assets of $120,000, liabilities of $100,000 and stockholder's equity of $25,000.Her balance sheet is in balance.

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