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Holiday Company reports the following information on December 31, 2020: Cash What are total assets at December 31, 2020? OA. $162,000 OB. $166,000 OC. $180,000
Holiday Company reports the following information on December 31, 2020: Cash What are total assets at December 31, 2020? OA. $162,000 OB. $166,000 OC. $180,000 O D. $178.000 $20,000 Accounts receivable 112,000 Accounts payable 91,000 Accrued wages payable 8.000 Paid-in capital 59,000 Retained earnings End 80,000 Inventory 30,000 Prepaid rent 4,000 Equipment 12,000 The following information was extracted from the accounting records of Borak Company At the end of the period, what is the total amount of stockholders' equity? OA. $390,000 OB. $470,000 Paid-in Capital at the beginning of the year Retained Earnings at the beginning of the year Revenues for the current year Expenses for the current year OC. $135,000 OD. $90,000 SLOOD $300,000 $200,000 $120,000
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