Solved

As of December 31,2009,Bueno Company Had $1,000 in Liabilities,$8,000 in Common

Question 118

Multiple Choice

As of December 31,2009,Bueno Company had $1,000 in liabilities,$8,000 in common stock,and $2,500 in retained earnings.The total amount of assets on that date is


A) $10,000.
B) $12,500.
C) $11,500.
D) $7,500.

Correct Answer:

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