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At the end of a recent year, Jefferson Cleaning Service, a full-service house and office cleaning service, had total assets of $5,480 and equity of
At the end of a recent year, Jefferson Cleaning Service, a full-service house and office cleaning service, had total assets of $5,480 and equity of $3,940. How much were Jefferson Cleaning Service's liabilities? A. $3,940 OB. $1,540 OC. $5,480 OD. $9,420
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