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    Business
  3. Study Set
    Retailing
  4. Exam
    Exam 8: Managing a Retailer’s Finances
  5. Question
    Angelo's Paints Has Long-Term Notes Payable of $30,000 and Mortgage
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Angelo's Paints Has Long-Term Notes Payable of $30,000 and Mortgage

Question 26

Question 26

True/False

Angelo's Paints has long-term notes payable of $30,000 and mortgage payable of $60,000.Angelo's long-term liabilities equal $90,000.

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