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Current liabilites
Paymore has the following liability account balances for year ended Dec 31, 2012:
Accounts Payable :$50000 Income Taxes Payable: $5500 Long-Term Notes Payable: $10000 On Dec 25, 2012 Paymore's board of directors declared dividends of $2000 to be paid on Jan 5, 2013. Paymore's current liabilities at Dec 31, 2012 are: $67500 or $65500 or $57500 or $55500 |
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