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Question 14 A company's retained earnings at the start of the year was $300,000. At the end of the current year, its accounts had the
Question 14 A company's retained earnings at the start of the year was $300,000. At the end of the current year, its accounts had the following balances: Accounts payable, $80,000 Accounts receivable, $60,000 Cash, $140,000 Common stock, $120,000 Dividends, $40,000 Equipment, $300,000 Retained earnings, Not given Salaries expense, $500,000 Service revenue, $560,000 Supplies, $20,000 Determine the company's total assets at year-end. $220,000. O $380,000. O $540,000. O $600,000. 0.67 pts O $520,000.
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