Question: Don't use ai given answer with financial accounting question ABC Manufacturing Corporation's Statement of Financial Position (Balance Sheet) shows liabilities of $220,000 and assets of

Don't use ai given answer with financial accounting question

ABC Manufacturing Corporation's Statement of Financial Position (Balance Sheet) shows liabilities of $220,000 and assets of $385,000. The Income Statement shows revenue of $125,000 and expenses of $68,000. Equity is: a. $57,000 b. $165,000 c. $188,000 d. $450,000

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