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 that have been incurred.

Use the Following Information to Answer Questions