The financial statements of Calloway Company prepared at the end of the current year contained the following elements and corresponding amounts: Assets = $39,000; Liabilities = ?; Common Stock = $6,900; Revenue = $14,800; Dividends = $1,700; Beginning Retained Earnings = $4,700; Ending Retained Earnings = $8,900.
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Home » Business » The financial statements of Calloway Company prepared at the end of the current year contained the following elements and corresponding amounts: Assets = $39,000; Liabilities = ?