The balance sheet of BobCreatives at December 31 showed assets of $89,500 and shareholders' equity of $63,000. What were the liabilities at December 31? (FinancialAccounting)

Managerial Accounting: The Cornerstone of Business Decision-Making
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Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
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Chapter15: Financial Statement Analysis
Section: Chapter Questions
Problem 50E: Juroe Company provided the following income statement for last year: Juroes balance sheet as of...
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The balance sheet of BobCreatives at December 31 showed assets of $89,500 and shareholders' equity of $63,000. What were the liabilities at December 31? (FinancialAccounting)

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