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Use the Following Information for Questions

Question 201

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Use the following information for questions
EI Greco Corporation began operations on January 1, 2011.Presented below is selected information related to EI Greco at December 31, 2011. Use the following information for questions  EI Greco Corporation began operations on January 1, 2011.Presented below is selected information related to EI Greco at December 31, 2011.   -The statement of financial position at December 31, 2011 reports total liabilities of  A)   € 30,000  B)   € 60,000  C)   € 78,000  D)   € 119,000
-The statement of financial position at December 31, 2011 reports total liabilities of


A) € 30,000
B) € 60,000
C) € 78,000
D) € 119,000

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