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1. As of December 31, 2020, Apple Company has assets of Tk. 3,500 and equity of Tk. 2000. What are the liabilities for Apple Company as of December 31, 2020?

  • A. Tk. 1,500
  • B. Tk. 1,500
  • C. Tk. 1,500
  • D. Tk. 1,500

Answer: Option A

Explanation:

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