Question
A corporation has $94,000 in total assets, $29,000 in total liabilities, and a $20,400 credit balance in retained earnings. What is the balance in the
A corporation has $94,000 in total assets, $29,000 in total liabilities, and a $20,400 credit balance in retained earnings. What is the balance in the contributed capital accounts?
Multiple Choice
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$65,000
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$49,400
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$85,400
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$44,600
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Fundamentals Of Cost Accounting
Authors: Michael W Maher, William N. Lanen, Madhav V. Rajan
1st Edition
0073018376, 978-0073018379
