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Finnish Motors has the following balance sheet accounts: Land $150,000 Equipment 90,000 Salaries Payable 12,000 Notes Payable 99,000 Supplies 10,000 Cash 25,000 Common Stock
Finnish Motors has the following balance sheet accounts: Land $150,000 Equipment 90,000 Salaries Payable 12,000 Notes Payable 99,000 Supplies 10,000 Cash 25,000 Common Stock 40,000 Retained Earnings 100,000 Accounts Payable Prepaid Rent If the company has total assets of $290,000, what is the balance of the company's Accounts Payable account? Multiple Choice $39,000
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