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A Company Had Total Equity of $89,000 on January 1,2014

Question 51

Multiple Choice

A company had total equity of $89,000 on January 1,2014.The following information is available for the year ended December 31,2014: A company had total equity of $89,000 on January 1,2014.The following information is available for the year ended December 31,2014: What are the total assets of the company at December 31,2014? A) $27,000 B) $36,000 C) $53,000 D) $63,000 E) $350,000 What are the total assets of the company at December 31,2014?


A) $27,000
B) $36,000
C) $53,000
D) $63,000
E) $350,000

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