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Business, 22.07.2019 22:20 silas99

Mr. & mrs. dart own a majority of the outstanding capital stock of wall corp., black co., and west, inc. during 2010, wall advanced cash to black and west in the amount of $50,000 and $80,000, respectively. west advanced $70,000 in cash to black. at december 31, 2010, none of the advances was repaid. in the combined december 31, 2010, balance sheet of these companies, what amount would be reported as receivables from affiliates?

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