Question: Given the following items on Baldwin Companys December 31, 2011, balance sheet, how much did the company owe its creditors on December 31,2011? $2,000 Liabilities

Given the following items on Baldwin Company€™s December 31, 2011, balance sheet, how much did the company owe its creditors on December 31,2011?

Given the following items on Baldwin Company€™s December 31, 2011,

$2,000 Liabilities Cash Inventory Equipment Other assets8, Total ?7? 1,500 5,000 12,450 10,400 Common stock 100 Retained earnings $22,000

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