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Answer options: A) $219,850 B) $233,850 C) $191,550 D) $177,050 Question 11 The following items are taken from the financial statements of the Flounder Service
Answer options: A) $219,850 B) $233,850 C) $191,550 D) $177,050
Question 11 The following items are taken from the financial statements of the Flounder Service for the year ending December 31, 2018: $ 18400 11100 28300 20700 14700 42800 Accounts payable Accounts receivable Accumulated depreciation - equipment Advertising expense Cash Common stock Dividends Depreciation expense Equipment Insurance expense Note payable, due 6/30/19 Prepaid insurance (12-month policy) Rent expense Retained earnings (1/1/18) Salaries and wages expense Service revenue Supplies Supplies expense 14000 12200 212250 3000 70100 6000 16900 61950 31900 131500 4100 6200 What is total liabilities and stockholders' equity at December 31, 2018 Step by Step Solution
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