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    Business
  3. Study Set
    Fundamentals of Financial Accounting Study Set 4
  4. Exam
    Exam 2: The Balance Sheet
  5. Question
    A Company Has $15,000 of Retained Earnings,$26,000 of Assets,and $6,000
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A Company Has $15,000 of Retained Earnings,$26,000 of Assets,and $6,000

Question 2

Question 2

Multiple Choice

A Company has $15,000 of retained earnings,$26,000 of assets,and $6,000 of liabilities.How much is contributed capital?


A) $17,000
B) $15,000
C) $5,000
D) $35,000

Correct Answer:

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