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As of June 30, 2018, Actual Tigers Company Has Assets

Question 157

Multiple Choice

As of June 30, 2018, Actual Tigers Company has assets of $100,000 and stockholders' equity of $40,000. What are the liabilities for Actual Tigers Company as of June 30, 2018?


A) $40,000
B) $60,000
C) $100,000
D) $140,000

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