On Bennett's 20A year-end statement of financial position,the book value of the liability for notes payable related to this purchase would equal which of the following?
A)$317,520
B)An amount less than $317,520.
C)An amount more than $317,520.
D)An amount more or less than $317,520 depending upon Bennett's income for the year.

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The Answer of On Bennett's 20A year-end statement of financial position,the book value of the liability for notes payable related to this purchase would equal which of the following?
A)$317,520
B)An amount less than $317,520.
C)An amount more than $317,520.
D)An amount more or less than $317,520 depending upon Bennett's income for the year.

On Bennett's 20A Year-End Statement of Financial Position,the Book Value