Reference no: EM132892304

Problem 1: Census Company had the following accounts and balances at the end of the year. What are total liabilities at the end of the year? (Do not use punctuation marks, like commas, periods etc nor $ signs)

Cash                               $78,000
Accounts Payable              $13,000
Common Stock                  $21,000
Dividends                         $12,000
Operating Expenses           $12,000
Accounts Receivable         $54,000
Inventory                       $46,000
Long-term Notes Payable   $35,000
Accrued Expenses             $10,000
Prepaid Expenses               $14,600
Revenues                         $115,000
Salaries Payable                   $27,000