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The year-end financial statements of Golf Company contained the following elements and corresponding amounts: Assets =$31,000; Liabilities = ?; Common Stock =$6,100; Ending Retained Earnings

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The year-end financial statements of Golf Company contained the following elements and corresponding amounts: Assets =$31,000; Liabilities = ?; Common Stock =$6,100; Ending Retained Earnings =$8,100 The amount of liabilities reported on the end-of-period balance sheet was

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