Use the following information to answer questions.
-The total obligations that have resulted from past transactions are
A) $ 20,000.
B) $ 40,000.
C) $ 96,000.
D) $170,000.

Name: Use the following information to answer questions. -The total obligations that have resulted from past transactions are A) $ 20,000. B) $ 40,000. C) $ 96,000. D) $170,000.
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Question

Use the following information to answer questions. 
-The total obligations that have resulted from past transactions are
A) $ 20,000. 
B) $ 40,000. 
C) $ 96,000. 
D) $170,000.

Quizplus · Accepted Answer

The total obligations from past transactions are $170,000, as this is the sum of all liabilities or debts incurred from previous transactions.

Use the Following Information to Answer Questions