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A company's balance sheet contained the following information: Common Stock Accounts Payable $ 12,400 Total Assets 64,400 Retained Earnings $ 180,000 28,400 Notes Payable is
A company's balance sheet contained the following information: Common Stock Accounts Payable $ 12,400 Total Assets 64,400 Retained Earnings $ 180,000 28,400 Notes Payable is the only other item on the balance sheet. Notes Payable must equal: Multiple Choice $12,700 O $12,700 $10.400. G $74,800 $76,700
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