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1 point Rayan Consulting Co. had the following assets and liabilities as on 31 December 2019: Plant and machinery $ 500,000 Accounts receivables $ 2,00,000
1 point Rayan Consulting Co. had the following assets and liabilities as on 31 December 2019: Plant and machinery $ 500,000 Accounts receivables $ 2,00,000 Unearned revenue $100,000 Accounts payable $ 150,000 Wages payable $ 50,000 Bank balance S. 20,000 Notes payable $ 100,000 Prepaid insurance. $. 2.000 What is value of equity as on that date? Type your answer... 10 1 point Johnson & Co. has prepared the following Trial Balance as on 31 Dec 2019. Trial Balance Amount Sin Million 40000 20000 30000 50000 15000 USED Sales Common Stock non Stock Retained earnings Equipment Unearned revenue Accounts Receivables Accounts Payable Purchases Goods Salaries Outstanding expenses Other Expenses Cash 4000 1000 18000 3000 5000 2000 4000 81000 111000 The accounts clerk has committed a mistake for which the Trial Balance did not match Identify the incorrect entry in the Trial Balance O O Outstanding expenses Unearned revenue Retained Earnings Common stock 0 Previous
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