Question
8. Beginning Assets were $700,000, Beginning Equity was $225,000, Revenue for the year was $523,000, Common Stock sold during the year totaled $320,000, Expenses for
8. Beginning Assets were $700,000, Beginning Equity was $225,000, Revenue for the year was $523,000, Common Stock sold during the year totaled $320,000, Expenses for the year were $392,000, Ending Equity is $751,000, and Ending Assets are $963,000. What are the Ending Liabilities for the year? A. $738,000 B. $998,000 C. $212,000 D. $203,000 E. $475,000
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Bank Management Text And Cases
Authors: George H. Hempel, Alan B. Coleman, Donald G. Simonson
3rd Edition
0471621781, 978-0471621782
