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ABC Is a Company That Commenced Business on 1 January

question 9

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ABC is a company that commenced business on 1 January 2016.Below are the balances in the 30 June 2016 financial statements. ABC is a company that commenced business on 1 January 2016.Below are the balances in the 30 June 2016 financial statements.   - What is the balance of liabilities? A)  $7000 B)  $9000 C)  $15 000 D)  None of the answers provided
- What is the balance of liabilities?

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Definitions:

Sum

The outcome obtained by summing two or more numbers or amounts.

Expression

A combination of symbols and operators representing a mathematical value or relationship.

X

A common symbol used to represent a variable or an unknown value in mathematics.

Difference

What remains after one quantity is taken away from another.

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