The following information comes from the records of America Corporation:
$\begin{array}{llll}&\text { Assets }&\text { Giabilities }&\text { Dquity }\
\text { January } 1,2012 &{\$ 750,000} &{\$ 270,000} &{\$}\_\_\_ \
\text { December } 31,2012 & 905,000 & \_\_\_\_& 700,000 \
\end{array}$

Question

The following information comes from the records of America Corporation:
 $\begin{array}{llll}&\text { Assets }&\text { Giabilities }&\text { Dquity }\
\text { January } 1,2012 &{\$ 750,000} &{\$ 270,000} &{\$}\_\_\_ \
\text { December } 31,2012 & 905,000 & \_\_\_\_& 700,000 \
\end{array}$

Quizplus · Accepted Answer

The Answer of The following information comes from the records of America Corporation:
 $\begin{array}{llll}&\text { Assets }&\text { Giabilities }&\text { Dquity }\
\text { January } 1,2012 &{\$ 750,000} &{\$ 270,000} &{\$}\_\_\_ \
\text { December } 31,2012 & 905,000 & \_\_\_\_& 700,000 \
\end{array}$

The Following Information Comes from the Records of America Corporation