At the end of the current accounting period, account balances were as follows: Cash, $180,000; Accounts Receivable, $75,000; Common Stock, $20,000; Retained Earnings, $65,000. Liabilities for the period were:
A)$ 70,000.
B)$170,000.
C)$190,000.
D)$210,000.

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The Answer of At the end of the current accounting period, account balances were as follows: Cash, $180,000; Accounts Receivable, $75,000; Common Stock, $20,000; Retained Earnings, $65,000. Liabilities for the period were:
A)$ 70,000.
B)$170,000.
C)$190,000.
D)$210,000.

At the End of the Current Accounting Period, Account Balances