Question
At the end of the accounting period, Your Company had cash of $300,000, Accounts receivable of $500,000. accounts payable of $50,000, warranty liabilities of $35,000,
At the end of the accounting period, Your Company had cash of $300,000, Accounts receivable of $500,000. accounts payable of $50,000, warranty liabilities of $35,000, bonds payable of $500,000, bond discount of $45,000, par value stock outstanding of $150,000, additional paid in capital of $50,000, and retained earnings of $60,000. What is the total amount for liabilities?
At the end of the accounting period, Your Company had cash of $300,000, Accounts receivable of $500,000. accounts payable of $50,000, warranty liabilities of $35,000, bonds payable of $500,000, bond discount of $45,000, par value stock outstanding of $150,000, additional paid in capital of $50,000, and retained earnings of $60,000. What is the total amount for liabilities?
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Managerial Accounting
Authors: Susan V. Crosson, Belverd E. Needles
10th edition
1133940595, 978-1133940593
