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Consider the following transactions:


I. Borrowed cash on a note payable, $80,000
II. Provided services on account, $10,000
III. Received cash from a customer as payment on account, $8,000
IV. Received a utility bill, $1,200

what Total liabilities would be:

 

Accounting Basics, Accounting

  • Category:- Accounting Basics
  • Reference No.:- M974774

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