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26. (10 points) Watson Foods, Inc. reported the following ransacions a) The business received $22,000 cash and issued common swhich $3 b) The business purchased

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26. (10 points) Watson Foods, Inc. reported the following ransacions a) The business received $22,000 cash and issued common swhich $3 b) The business purchased office $9,000 for was put on a note payable. c) Paid insurance expense of $1,800 cash. d) Paid the September utility bill for $900 cash. e) Paid $2,000 cash for September rent. f) The business had sa was credit sales. stock. It was credited to Common Stock. ipment for $9,000 for which $3,500 cash was paid and the balance les of $10,000 in September. Of these sales, 60% were cash sales, and the balance g) The business paid $7,000 cash for office furniture. What are the total liabilities at the end of September, 2019? A) $10,000 B) $1,800 C) $5,500 D) $9,000 iusing the following information: (Round your answer to two decimal p

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