Duncan Ltd had the following account balances at 30 June 2018: Share capital ($100) 000, Retained earnings
Question:
Duncan Ltd had the following account balances at 30 June 2018: Share capital \($100\) 000, Retained earnings \($30\) 000, General reserve \($8000,\) Dividends payable \($2000,\) and Cash \($12\) 000. What is the total equity for Duncan Ltd at 30 June 2018?
(a) \($152\) 000.
(b) \($140\) 000.
(c) \($138\) 000.
(d) \($136\) 000.
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Related Book For 
Financial Accounting Reporting, Analysis And Decision Making
ISBN: 9780730363279
6th Edition
Authors: Shirley Carlon
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