The total obligations that have resulted from past transactions are

A) $ 20,000.
B) $ 40,000.
C) $ 96,000.
D) $170,000.

Question

The total obligations that have resulted from past transactions areA) $ 20,000.B) $ 40,000.C) $ 96,000.D) $170,000.

Mathew OrtizGarcia · Accepted Answer

Final Answer : D, Explanation :  The total obligations from past transactions are $170,000, as this is the sum of all liabilities or debts that have been incurred.

The total obligations that have resulted from past transactions are

A) $ 20,000.
B) $ 40,000.
C) $ 96,000.
D) $170,000.

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