As of December 31, 2017, Rockford Corporation has assets of $3,500 and stockholders equity of $1,500. What
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As of December 31, 2017, Rockford Corporation has assets of $3,500 and stockholders’ equity of $1,500.
What are the liabilities for Rockford Corporation as of December 31, 2017? (LO 3)
(a) $1,500.
(c) $2,500.
(b) $1,000.
(d) $2,000.
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Related Book For 
Financial Accounting
ISBN: 9781118953907
8th Edition
Authors: Paul D Kimmel, Jerry J Weygandt, Donald E Kieso
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