What is the amount of total liabilities at the end of year

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Question - Honest Joe has the following accounts and balances at the end of the fiscal year:

Long-Term Notes Payable $170,000

Accounts Receivable $30,000

Accounts Payable $43,000

Building $55,000

Cash $38,000

Salaries Expense $20,500

Capital $22,000

Interest Payable $4,300

Land $43,000

Accrued expenses $8,000

Short-term Investments $30,000

Income Taxes Payable $10,000

Equipment $59,500

Supplies $25,000

Unearned Revenue $5,000

Service Revenue $99,000

Supplies Expense $38,000

Utilities Expense $28,500

Income Tax Expense $25,000

Required - What is the amount of total liabilities at the end of the year?

Reference no: EM132611080

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