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19. Given the following list of accounts, calculate Total Equity: Cash $ 27,277 Accounts Receivable $ 366,665 Retained Earnings $ 663,942 Accounts Payable $ 806,928
19. Given the following list of accounts, calculate Total Equity:
Cash | $ 27,277 |
Accounts Receivable | $ 366,665 |
Retained Earnings | $ 663,942 |
Accounts Payable | $ 806,928 |
Rent Expense | $ 2,739 |
Interest Expense | $ 885,600 |
Common Stock | $ 200,087 |
a. $891,306
b. $200,087
c. $227,364
d. $864,029
20. Given the following table, calculate current liabilities:
Current Assets | $ 1,562,220 |
Non-current Assets | $ 456,100 |
Non-current Liabilities | $ 955,661 |
Equity | $ 695,566 |
a. $1,651,227
b. $866,654
c. $1,322,754
d. $367,093
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