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    Fundamentals of Financial Accounting
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    Exam 1: Business Decisions and Financial Accounting
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    A Company's Balance Sheet Contained the Following Information
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A Company's Balance Sheet Contained the Following Information

Question 203

Question 203

Multiple Choice

A company's balance sheet contained the following information:
A company's balance sheet contained the following information:   Notes Payable is the only other item on the balance sheet.Notes Payable must equal: A)  $200,000. B)  $8,000. C)  $72,000. D)  $344,000.
Notes Payable is the only other item on the balance sheet.Notes Payable must equal:


A) $200,000.
B) $8,000.
C) $72,000.
D) $344,000.

Correct Answer:

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