A company entered into the following transactions:

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answerhappygod
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A company entered into the following transactions:

Post by answerhappygod »

A company entered into the following transactions:

- Borrowed $5,110 from the bank by signing a promissory note
- Issued stock to owners for $11,100
- Purchased $1,110 of supplies, on account
- Paid $510 to suppliers as payment on account for the supplies purchased

What is the amount of total liabilities?


$5,710
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