At the end of a recent year, Kuwait Cleaning Services (KCS), had total assets of KD 3,630 and equity of KD 2,280. How much were KCS's liabilities? A. KD 5,910 B. KD 3,630 C. KD 1,350 D. KD 2,280 E. KD 4,980

At the end of a recent year, Kuwait Cleaning Services (KCS), had total assets of KD 3,630 and equity of KD 2,280. How much were KCS's liabilities? A. KD 5,910 B. KD 3,630 C. KD 1,350 D. KD 2,280 E. KD 4,980

Managerial Accounting: The Cornerstone of Business Decision-Making

7th Edition

ISBN:9781337115773

Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Chapter15: Financial Statement Analysis

Section: Chapter Questions

Problem 52E: Juroe Company provided the following income statement for last year: Juroes balance sheet as of...

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How much were KCS's liabilities on these general accounting question?

At the end of a recent year, Kuwait Cleaning Services (KCS), had total
assets of KD 3,630 and equity of KD 2,280.
How much were KCS's liabilities?
A. KD 5,910
B. KD 3,630
C. KD 1,350
D. KD 2,280
E. KD 4,980

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