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What amount should be reported for accounts payable

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Reference no: EM133137998

Question - The Chang Company reported the following at the end of the year:

Common stock 22,400 Notes payable 54,000

Equipment 28,300 Cash 4,500

Land 56,000 Accounts receivable 2,900

Accounts payable ? Retained earnings 15,900

Inventory 4,800

Required - What amount should be reported for accounts payable?

Reference no: EM133137998

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