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USES Inventories A/c Receivable Buy out Interest of Mr. S Reduced L.T. Debt Increase in F.A. A/c
($000)
+ + + = + = + =
LIABILITIES Notes Payable Bank Account Payable Trade Accrued Expenses (increase with Sales0 Long-Term Debt Current position CURRENT LIABILITIES Long-Term Debt TOTAL LIABILITIES Net Worth TOTAL LIABILITIES + NET WORTH