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Consider the following transactions: 1. Took a bank loan, $120,000 2. Provided services on account, $10,000 3. Received cash from a customer as payment

 

Consider the following transactions: 1. Took a bank loan, $120,000 2. Provided services on account, $10,000 3. Received cash from a customer as payment on account, $8,000 4. Received a utility bill, $400 Total liabilities would be: Consider the following transactions: 1. Took a bank loan, $120,000 2. Provided services on account, $10,000 3. Received cash from a customer as payment on account, $8,000 4. Received a utility bill, $400 Total liabilities would be:

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