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The followng details are extracted from the account balances of T-...

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Accounting

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The followng details are extracted from the account balances of T- Shirt Inc. Cash $ 8,500 Accounts Payable $ 1,850 Land $ 12,000 Operating Expenses $ 5,700 Accounts Receivable $ 2,350 Retained Earnings $ 1,500 The total liability is a. $1,850 b. $28,500 c. $3,350 d. None of the answers are correct

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