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Use the following adjusted Trial Balance to answer the question below: Taxes Payable 10,000 Cash 15,000 Equipment 75,000 Notes Payable 22,000 Retained Earnings ??? Wages
Use the following adjusted Trial Balance to answer the question below:
| Taxes Payable | 10,000 |
| Cash | 15,000 |
| Equipment | 75,000 |
| Notes Payable | 22,000 |
| Retained Earnings | ??? |
| Wages Expense | 11,000 |
| Revenue | 50,000 |
| Supplies | 5,000 |
What is the total value of liabilities?
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Financial Accounting Theory
Authors: Craig Deegan, H. Bierman
4th Edition
0071013148, 978-0071013147
