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    Exam 1: Introduction to Financial Statements
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    Silva Corporation Had the Following Accounts and Balances: If
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Silva Corporation Had the Following Accounts and Balances: If

Question 100

Question 100

Multiple Choice

Silva Corporation had the following accounts and balances: Silva Corporation had the following accounts and balances:   If Silva paid $10,000 of Accounts Payable in cash, total liabilities and stockholders' equity would be A) $90,000. B) $78,000. C) $80,000. D) $120,000. If Silva paid $10,000 of Accounts Payable in cash, total liabilities and stockholders' equity would be


A) $90,000.
B) $78,000.
C) $80,000.
D) $120,000.

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