Question: Can you help me solve this general accounting problem with the correct methodology? Peak Solutions Inc. reported the following for 2023: - Current liabilities at

Can you help me solve this general accounting problem with the correct methodology?

Peak Solutions Inc. reported the following for 2023: - Current liabilities at the beginning of the year: $180,000 New liabilities incurred during the year: $90,000 . Liabilities paid during the year: $120,000 Calculate the current labilities at the end of the year

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