Question
A company's balance sheet shows: cash $31,000, accounts receivable $37,000, equipment $64,000, and equity $79,000. What is the amount of liabilities? Multiple Choice A) $132,000.
A company's balance sheet shows: cash $31,000, accounts receivable $37,000, equipment $64,000, and equity $79,000. What is the amount of liabilities?
Multiple Choice
A) $132,000.
B) $111,000.
C) $53,000.
D) $75,000.
E) $211,000.
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Auditing Fundamentals
Authors: Marlene Davies, John Aston
1st Edition
0273711733, 978-0273711735
