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Business, 25.04.2020 01:15 whatsittoya4261

The financial statements of Calloway Company prepared at the end of the current year contained the following elements and corresponding amounts: Assets = $39,000; Liabilities = ?; Common Stock = $6,900; Revenue = $14,800; Dividends = $1,700; Beginning Retained Earnings = $4,700; Ending Retained Earnings = $8,900. What was the amount of total liabilities reported on the balance sheet as of the end of the current year?

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The financial statements of Calloway Company prepared at the end of the current year contained the f...
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