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Conrad Company Reports the Following What Are Total Liabilities?
A)$600
B)$500
C)$400
D)$300
E)$200

Question 7

Multiple Choice

Conrad Company reports the following:  Total Assets $800 Contributed Capital $300 Total Revenues $600 Beginning Retained Earnings $200 Total Expenses $700 Dividends $100\begin{array}{ll}\text { Total Assets } & \$ 800 \\\text { Contributed Capital } & \$ 300 \\\text { Total Revenues } & \$ 600 \\\text { Beginning Retained Earnings } & \$ 200 \\\text { Total Expenses } & \$ 700 \\\text { Dividends } & \$ 100\end{array} What are Total liabilities?


A) $600
B) $500
C) $400
D) $300
E) $200

Correct Answer:

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