At the end of a recent year, Anderson Cleaning Service, a full-service house and office cleaning service, had total assets of $4,640 and equity of $2,360. How much were Anderson Cleaning Service's liabilities? O A. $7,000 O B. $2,280 O C. $4,640 O D. $2,360

At the end of a recent year, Anderson Cleaning Service, a full-service house and office cleaning service, had total assets of $4,640 and equity of $2,360. How much were Anderson Cleaning Service's liabilities? O A. $7,000 O B. $2,280 O C. $4,640 O D. $2,360

Survey of Accounting (Accounting I)

8th Edition

ISBN:9781305961883

Author:Carl Warren

Publisher:Carl Warren

Chapter1: The Role Of Accounting In Business

Section: Chapter Questions

Problem 1.3.7MBA: Return on assets The financial statements of The Hershey Company (HSY) are shown in Exhibits 6...

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At the end of a recent year, Anderson Cleaning Service, a full-service house and office cleaning service, had total assets of $4,640 and equity of $2,360. How much were Anderson Cleaning Service's liabilities?
O A. $7,000
O B. $2,280
O C. $4,640
O D. $2,360

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