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  3. Study Set
    Fundamental Financial Accounting Concepts Study Set 1
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    Exam 9: Accounting for Current Liabilities and Payroll
  5. Question
    What Is the Carrying Value of the Liability Appearing on the December
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What Is the Carrying Value of the Liability Appearing on the December

Question 63

Question 63

Multiple Choice

What is the carrying value of the liability appearing on the December 31,Year 1 balance sheet?


A) $80,400
B) $87,600
C) $90,000
D) $88,800

Correct Answer:

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