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As of December 31, 2017, the Kent Company has assets of $3,500 and owner equity of $2,000. What are the liabilities for the Kent Company
As of December 31, 2017, the Kent Company has assets of $3,500 and owner equity of $2,000. What are the liabilities for the Kent Company as of December 31, 2017? a. $5,000 b. $1,500 c. More information is needed to solve this problem. d. $5,500
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