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QUESTION 20 Use the following information for the next five questions: (Question 1 of 5) Peg Corporation's ledger includes the following selected account balances at

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QUESTION 20 Use the following information for the next five questions: (Question 1 of 5) Peg Corporation's ledger includes the following selected account balances at December 31, 2019: Account Amount Paid-in Capital in Excess of Par Value, Common 580,000 Cash 920,000 Unearned Revenue 55,000 80,000 Premium on Bonds Payable Retained Earnings 300,000 Cash Dividends Payable 80,000 40,000 Treasury Stock, Common, 20,000 shares Accounts Payable Preferred Stock, 12% $100 par value, 4,000 shares issued Bonds Payable, 14% Common Stock, $1 par value, 240,000 shares issued 120,000 400,000 900,000 240,000 The balance sheet prepared at December 31, 2019, would report total liabilities of: $1,155,000. A B $1,020,000 $1,075,000 D $1.235,000 E none of the above. Click Save and Submit to save and submit. Click Save All Answers to save all answers MacBook SC

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