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please help me figure out the answer to this problem. 6. Horton Company reports the following: Contributed Capital $ 200 Total Revenues $ 800 Total
please help me figure out the answer to this problem.
6. Horton Company reports the following:
| Contributed Capital | $ 200 |
| Total Revenues | $ 800 |
| Total Liabilities | $1,200 |
| Beginning Retained Earnings | ($ 100) |
| Total Expenses | $ 500 |
| Dividends | $ 0 |
What are Total Assets?
| a. | $2,600 |
| b. | $1,600 |
| c. | $1,400 |
| d. | $1,000 |
| e. | $800 |
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Auditing And Systems Exam Questions And Explanations
Authors: Ph.D. Gleim, Irvin N., Ph.D. Hillison, William A., Grady M. Irwin
17th Edition
