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can you explain in details how did we come up with this answer and how to answer similar NO.237 A company had the following liabilities
can you explain in details how did we come up with this answer and how to answer similar
NO.237 A company had the following liabilities on Dec. 31, 2013: Accounts able Deferred revenue be earned in 2015) acnes payable, SSC.OCOdue on June 30, 2014 and SSO,OOO due onJune 30, 201S Ncbn gavable, matures in 2014 320.000 345.000 3100.000 What amount should the company report as current liabilities on its Dec. 31, 2013 balance sheet? A. $100,000 B. $185,000 IT crtifi c. $190,000 Answer: C
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