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Title: Shareholders' equity for Raisin Corporation on January 1, 2014 and December 31, 2014 were $60,000 ... Post by: Harrison on Nov 9, 2017 Shareholders' equity for Raisin Corporation on January 1, 2014 and December 31, 2014 were $60,000 and $75,000, respectively. Assets on January 1, 2014 and December 31, 2014 were $115,000 and $105,000, respectively. Liabilities on January 1, 2014 were $55,000. What is the amount of liabilities on December 31, 2014?
A) $40,000 B) $15,000 C) $30,000 D) indeterminable from the given information Title: Re: Shareholders' equity for Raisin Corporation on January 1, 2014 and December 31, 2014 were ... Post by: rjckE on Nov 9, 2017 Content hidden
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