Use the Hatteras Corporation data in Starter 13 6 to compute the company 's a Total liabilities b Total assets Data From Starter 13 6 Cost of Goods Sold Common Shares, 40,000 shares issued and outstanding Long term Note Payable Accounts Payable $3,000 $29,400 Retained Earnings Unearned Revenue 8,00...

a Accounts payable 3000 Unearned revenue 260 ...

Use the Hatteras Corporation data in Starter 13-6 to compute the company's a. Total liabilities b. Total

Question:

Use the Hatteras Corporation data in Starter 13-6 to compute the company's

a. Total liabilities

b. Total assets

Data From Starter 13-6

Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...