A corporation has $80,000 in total assets,$36,000 in total liabilities,and a $12,000 credit balance in retained earnings.What is the balance in the contributed capital accounts?
A)$56,000.
B)$44,000.
C)$48,000.
D)$32,000.

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The Answer of A corporation has $80,000 in total assets,$36,000 in total liabilities,and a $12,000 credit balance in retained earnings.What is the balance in the contributed capital accounts?
A)$56,000.
B)$44,000.
C)$48,000.
D)$32,000.

A Corporation Has $80,000 in Total Assets,$36,000 in Total Liabilities,and