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The bookkeeper for Rogers Corporation as of December 31, 2015 prepared the following balances. Patents 10.000 Equipment 135.000, Common stock $213,500. Inventories 57,000 Unearned rent
The bookkeeper for Rogers Corporation as of December 31, 2015 prepared the following balances. Patents 10.000 Equipment 135.000, Common stock $213,500. Inventories 57,000 Unearned rent revenue E70,000 Accounts payable E76,000. Investments 76,300. Accounts receivable ES5,000 Cash 80.000 The following additional information is provided: The accounts receivable has allowance for doubtful accounts 3,800. Inwestments include trading securities 3.000 ordinates 48.300, and franchises 9,000. Equipment has Accumulated depreciation of 40,000. How much is the total liabilities of the company? a 106,000 b. E146,000 c289,500 d. E76,000 Moving to another question will save this response
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