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What all good bakery had total liabilities of

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Reference no: EM132810232

All's Good Bakery opened for business, Eva Flores, the owner reported the following assets and liabilities.

Cash $15,500

Baking Equipment $12,100

Refrigerator $4,000

Loan Payable $8,000

Accounts Payable $3,750

Problem 1: All's Good Bakery had total liabilities of:

A. 8,000

B. 4,000

C. 12,100

D. 11,750

Reference no: EM132810232

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