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The Following Information Was Extracted from the Accounting Records of Ernest

Question 41

Multiple Choice

The following information was extracted from the accounting records of Ernest Company: The following information was extracted from the accounting records of Ernest Company: At the beginning of the period,what is the total amount of liabilities? A) $135,000 B) $155,000 C) $300,000 D) $545,000 At the beginning of the period,what is the total amount of liabilities?


A) $135,000
B) $155,000
C) $300,000
D) $545,000

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