The balance sheet of United Studios at December 31 showed assets of $30,000 and shareholders' equity of

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The balance sheet of United Studios at December 31 showed assets of $30,000 and shareholders' equity of $20,000. What were the liabilities at December 3 1?

a. $30,000

b. $10,000

c. $20,000

d. s50.000

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Financial Accounting

ISBN: 9780131492011

1st Edition

Authors: Jane L. Reimers

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Question Posted: Jun 04, 2024 02:12 AM

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The balance sheet of United Studios at December 31 showed assets of $30,000 and shareholders' equity of

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Financial Accounting

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