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Enter liability amount reported on bloomington balance sheet

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Analyzing and Determining Liability Amounts

Problem 1: For each of the following situations, indicate the liability amount, if any, that is reported on the balance sheet of Bloomington Inc. at December 31, 2019.

Problem 2: Next to each situation, enter the liability amount reported on Bloomington's balance sheet. If the amount is not reported as a liability, enter zero as your answer.

Reference no: EM132670057

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