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Wetzel Company has the following accounts and balances at the end of the first year of operations: Long-Term Notes Payable $151,000 Accounts Receivable $31,000 Accounts

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Wetzel Company has the following accounts and balances at the end of the first year of operations: Long-Term Notes Payable $151,000 Accounts Receivable $31,000 Accounts Payable $39,000 Building $55,000 Cash and Cash Equivalents $74,000 Salaries Expense $20,500 Common Stock $113,000 Interest Payable $4,500 Land $43,000 Short-term Investments $25,000 Income Taxes Payable $15,000 OA. $58,500 B. $215,000 C. $109,500 D. $209,500 Wetzel Company has the following accounts and balances at the end of the first year of operations: Long-Term Notes Payable $151,000 Accounts Receivable $31.000 Accounts Payable $39,000 Building $55,000 Cash and Cash Equivalents $74,000 Salaries Expense $20,500 Common Stock $113,000 Interest Payable $4,500 Land $43,000 Short-term Investments $25,000 Income Taxes Payable $15,000 A. $58,500 B. $215,000 C. $109,500 D. $209,500 Wetzel Company has the following accounts and balances at the end of the first year of operations: Long-Term Notes Payable $151,000 Accounts Receivable $31,000 Accounts Payable $39,000 Building $55,000 Cash and Cash Equivalents $74,000 Salaries Expense $20,500 Common Stock $113,000 Interest Payable $4,500 Land $43,000 Short-term Investments $25,000 Income Taxes Payable $15,000 OA. $58,500 B. $215,000 C. $109,500 D. $209,500 Wetzel Company has the following accounts and balances at the end of the first year of operations: Long-Term Notes Payable $151,000 Accounts Receivable $31.000 Accounts Payable $39,000 Building $55,000 Cash and Cash Equivalents $74,000 Salaries Expense $20,500 Common Stock $113,000 Interest Payable $4,500 Land $43,000 Short-term Investments $25,000 Income Taxes Payable $15,000 A. $58,500 B. $215,000 C. $109,500 D. $209,500

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