Question 2 of 20: Select the best answer for the question The accounts of the Eppers Company reflect the following balance Balance Merchandise inventory $31,255 20,000 2,240 46,000 30,100 750 20,000 92,400 18,190 12,420 (?) Item Land Salaries payable Bonds payable Cash Prepaid insurance Mortgage payable Machinery Accounts payable Accounts receivable Owner's equity 2. The total liabilities of the company are OA. $66,430. B. $86,430.

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Question 2 of 20:
Select the best answer for the question.
The accounts of the Eppers Company reflect the following balance
Balance
Merchandise inventory $31,255
20,000
2,240
46,000
30,100
750
20,000
92,400
18,190
12,420
(?)
Item
Land
Salaries payable
Bonds payable
Cash
Prepaid insurance
Mortgage payable
Machinery
Accounts payable
Accounts receivable
Owner's equity
2. The total liabilities of the company are
OA. $66,430.
OB. $86,430.
OC. $18,190.
OD. $20,430
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Transcribed Image Text:Question 2 of 20: Select the best answer for the question. The accounts of the Eppers Company reflect the following balance Balance Merchandise inventory $31,255 20,000 2,240 46,000 30,100 750 20,000 92,400 18,190 12,420 (?) Item Land Salaries payable Bonds payable Cash Prepaid insurance Mortgage payable Machinery Accounts payable Accounts receivable Owner's equity 2. The total liabilities of the company are OA. $66,430. OB. $86,430. OC. $18,190. OD. $20,430 Mark for review (Will be highlighted on the review page) Previous Question Type here to search Next Question >> Hi
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