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The Following Information Is Taken from Harvey Company's Balance Sheet

Question 58

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The following information is taken from Harvey Company's balance sheet at December 31, 2016:  Cash $14,000 Retained earnings 14,000 Inventory 8,000 Equipment 38,000 Accounts payable 7,000 Bonds payable 23,000 Capital stock 26,000\begin{array} { l r } \text { Cash } & \$ 14,000 \\\text { Retained earnings } & 14,000 \\\text { Inventory } & 8,000 \\\text { Equipment } & 38,000 \\\text { Accounts payable } & 7,000 \\\text { Bonds payable } & 23,000 \\\text { Capital stock } & 26,000\end{array}
Required: Using the information provided for Harvey Company, answer the following questions:
A)How much did creditors provide to Harvey Company?
B)On which financial statement would an investor look to see if any stock was issued during the year?

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A)$30,000
($7,000 Accounts Payable + $23...

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