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Calculate the amount of total liabilities at the end

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Transaction during the first year of operations are provided below. The owner sharon Mcoy contributed 10 ,000 in cash in exchange for capital. Paid 1,100 cash for equipment to be used for plumbing repairs. Borrowed 12,000 from a local bank and deposit the money in the checking account. Paid 399 rent for the year.purchases 300 of office supplies by cash. Completed a plumbing repair project for a local lawyer and received 3,200 cash

Calculate the amount of total liabilities at the end of the first year.

Reference no: EM132378588

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