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The following financial statement information is known about the two unrelated companies. Answer the following questions using your knowledge of the financial statement and particularly

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The following financial statement information is known about the two unrelated companies. Answer the following questions using your knowledge of the financial statement and particularly the Balance Sheet equation: Required: What was the Liabilities on December 31, 2017 for Company A? A. $96,000 B. $107,000 C. $11,000

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