Sheffield Corp. has assets of $ 4463000 , common stock of $ 1084000 , and retained earnings

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Sheffield Corp. has assets of $4463000, common stock of $1084000, and retained earnings of $651000. What are the creditors’ claims on their assets?

$2728000

$2042000

$4912000

$4058000

Related Book For answer-question

Survey of Accounting

ISBN: 978-0078110856

3rd Edition

Authors: Thomas P. Edmonds, Frances M. McNair, Philip R. Olds, Bor-Yi

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Posted Date: Feb 07, 2022 02:32 PM

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Sheffield Corp. has assets of $ 4463000 , common stock of $ 1084000 , and retained earnings

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