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Use the Trial Balance (Links to an external site.) for Spartan Inc. to answer the following: What are Spartan Inc's total liabilities? Spartan Inc. Trial

Use the Trial Balance (Links to an external site.) for Spartan Inc. to answer the following:

What are Spartan Inc's total liabilities?

Spartan Inc. Trial Balance

Account # Account Name DR CR
101 Cash $ 144,000.00
111 Accounts Receivable $ 120,000.00
121 Inventory $ 56,000.00
131 Equipment $ 72,000.00
201 Accounts Payable $ 91,500.00
301 Stock $ 250,000.00
315 Dividends $ 19,500.00
401 Revenue $ 300,000.00
501 Expenses $ 230,000.00
$ 641,500.00 $ 641,500.00

Group of answer choices

641,500

50,500

0

91,500

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