Given the following account balances, determine the total Liabilities. Cash $520, Accounts Receivable $280, supplies $300 and Capital $500.
$ ________

Liabilities

Obligations in terms of finances that an organization must fulfill to external parties, involving the exchange of economic advantages like funds, goods, or assistance over time.

Accounts Receivable

Money owed to a company by its customers for goods or services provided on credit.

Capital

Represents the amount of funds provided by owners or investors to support business operations.