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Autumn Company has the following account balances: Accounts Receivable $70,000 Retained Earnings 40,000 Accounts Payable 55,000 Equipment 100,000 Capital Stock 65,000 Cash 15,000 Inventory 60,000
Autumn Company has the following account balances:
Accounts Receivable | $70,000 |
Retained Earnings | 40,000 |
Accounts Payable | 55,000 |
Equipment | 100,000 |
Capital Stock | 65,000 |
Cash | 15,000 |
Inventory | 60,000 |
Find total Liabilities.
Note: Not all accounts are shown, but the accounts shown are sufficient to correctly answer the question. All asset accounts are shown, and all equity accounts are shown.
Group of answer choices
$55,000
$245,000
$140,000
$105,000
$115,000
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