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The following pre-closing accounts and balances were drawn from the records of Carolina Company on December 31, Year 1: $ 2,200 Accounts receivable Cash
The following pre-closing accounts and balances were drawn from the records of Carolina Company on December 31, Year 1: $ 2,200 Accounts receivable Cash Dividends Land Accounts payable 1,100 Common stock 1,400 Revenue 750 Expense What is the amount of total assets on Carolina's December 31, Year 1 balance sheet? Multiple Choice $5,850 $6,150 $3,600 $4,750 $ 1,150 1,575 1,400 850
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