What are the liabilities for Bruske company as at December

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Question - As at December 31, after its first year of operations, Bruske company has assets of $12,500; revenues of $10,000; expenses of $5,500; beginning owner's capital of $8,000; and drawings of $1,500. What are the liabilities for Bruske company as at December 31?

Reference no: EM132702098

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