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Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN: 9781337788281
Author: James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher: Cengage Learning
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Question
What was the Liabilities?
![Question:
At the end of the current accounting period, account balances were as
follows:
Cash
$29,000
Accounts Receivable $44,000
Common Stock
22,000
Retained Earnings
$11,000
What was the Liabilities?](https://content.bartleby.com/qna-images/question/f5c7664e-80d4-4889-8c6e-d4d440695566/82ccbac8-a729-4d8a-b027-e3453bf1af77/vl2rr25_thumbnail.jpeg)
Transcribed Image Text:Question:
At the end of the current accounting period, account balances were as
follows:
Cash
$29,000
Accounts Receivable $44,000
Common Stock
22,000
Retained Earnings
$11,000
What was the Liabilities?
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