Notes Payable would equal $437,800 and Total Liabilities would equal $1,877,000 on the balance sheet.
BT: Analysis
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Q82: Cash at the end of the year
Q83: In the Statement of Cash Flows,cash inflows
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Q85: The total net income from the income
Q86: The accounting decisions that were made when
Q88: Expenses are shown on the income statement
Q89: The income statement primarily shows whether a
Q90: The $207,100 shown on the balance sheet
Q91: Shareholders are creditors of a company.
BT: Comprehension
Q92: The shareholders' equity in a company is
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