Business

Business, 19.09.2021 01:00, peno211

PLEASE HELPPP Emily has decided to close her business and sell off her assets. Her Capital balance before liquidation
is $30000. Assets valued at $35000 were sold for $16000 in cash. The total liabilities of $5000 were
paid in full. She paid the liquidator $1000. After liquidation of her assets and liabilities, what would
be Emily's Capital balance? Explain your answer by showing your calculations?

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PLEASE HELPPP Emily has decided to close her business and sell off her assets. Her Capital balance...

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