At the beginning of 20X1, Brazzos, Inc. had $109 in total assets and $41 in stockholders'...

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At the beginning of 20X1, Brazzos, Inc. had $109 in total assets and $41 in stockholders' equity. During 20X1, Brazzos purchased some land for $32, financed entirely with a bank loan, and collected $18 of cash for services to be performed in 20X2. Brazzos did not have any other events during 20X1. What amount does Brazzos report for total liabilities at the end of 20X1? Please enter your answer as a whole number without a dollar sign (e.g., 100). I At the beginning of 20X1, Brazzos, Inc. had $109 in total assets and $41 in stockholders' equity. During 20X1, Brazzos purchased some land for $32, financed entirely with a bank loan, and collected $18 of cash for services to be performed in 20X2. Brazzos did not have any other events during 20X1. What amount does Brazzos report for total liabilities at the end of 20X1? Please enter your answer as a whole number without a dollar sign (e.g., 100). I

Answer rating: 100% (QA)

Heres how to find the total liabilities for Brazzos Inc at the end of 20X1 1 Analyze the Transactions Brazzos purchased land for 32 financed by a bank loan This transaction ... View the full answer