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200 08 Question 45 (1 point) Assume a company's January 1, 20x1, financial position was Assets, 140,000 and Liabilities, $15.000. During January 20x1, the company
200 08 Question 45 (1 point) Assume a company's January 1, 20x1, financial position was Assets, 140,000 and Liabilities, $15.000. During January 20x1, the company completed the following transactions: (a) paid on a note payable, $4,000 Ino Interest) collected trade receivables, $4,000: Id paid trade payables, $2,000; and (d) purchased a truck, $1,000 cash, and $8,000 notes payable. What is the company's January 31, 20X1 financial position? Assets Llabilities Shareholders Equity A $42.000 19.000 133.000 B) 544.000 517 000 $27,000 c) $43.000 518 000 125.000 D) 542 000 517 000 525.000 12 15 Choice C Choice B Choice D. Choice A
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