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A company's balance sheet contained the following information: Common Shares $ 12,900 Total Assets $...

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Accounting

A company's balance sheet contained the following information: Common Shares $ 12,900 Total Assets $ 185,000 Accounts Payable 64,900 Retained Earnings 28,900 Notes Payable is the only other item on the balance sheet. Notes Payable must equal: Multiple Choice $80,200. $78,300. $15,700. $13,400

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