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Emmitt had the following final balances after the first year of operations: assets, $36,400; stockholders' equity, $14,400; dividends, $2,800; and net income, $10,800. What is
Emmitt had the following final balances after the first year of operations: assets, $36,400; stockholders' equity, $14,400; dividends, $2,800; and net income, $10,800. What is the amount of Emmitt's liabilities?
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Advanced Accounting
Authors: Joe Hoyle, Thomas Schaefer, Timothy Doupnik
10th edition
0-07-794127-6, 978-0-07-79412, 978-0077431808
