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A company's balance sheet contained the following information: Common Stock $ 12,500 Total Assets $ 181,000 Accounts Payable 64,500 Retained Earnings 28,500 Notes Payable is
A company's balance sheet contained the following information:
Common Stock | $ | 12,500 | Total Assets | $ | 181,000 | ||
Accounts Payable | 64,500 | Retained Earnings | 28,500 | ||||
Notes Payable is the only other item on the balance sheet. Notes Payable must equal:
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