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    Financial and Managerial Accounting Study Set 8
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    Exam 2: Basic Financial Statements
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    Refer to the Information Above
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Refer to the Information Above

Question 36

Question 36

Multiple Choice

Refer to the information above.If the Cash balance at December 31,2018 is $62,500 then Total Liabilities amounts to:


A) $ 42,500.
B) $140,000.
C) $ 45,000.
D) $182,500.

Correct Answer:

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