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$30400 9100 120000 CORONADO'S FURNITURE OUTLET LTD. Statement of Financial Position December 31, 2022 $5600 Accounts payable 21000 Salaries payable 1100 Mortgage payable 176000 Total

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$30400 9100 120000 CORONADO'S FURNITURE OUTLET LTD. Statement of Financial Position December 31, 2022 $5600 Accounts payable 21000 Salaries payable 1100 Mortgage payable 176000 Total liabilities 99000 Shareholders' equity Common shares 71300 Retained earnings Total shareholders' equity 31500 $405500 Total liabilities and shareholders' equity Cash Accounts receivable Supplies Inventory Land Building Less: Accum. Depreciation Trademark Less: Accum. Depreciation Total assets $159500 $147000 99000 $91000 19700 $41000 9500 246000 $405500 The dollar amount of share capital is O $405500. $246000. O $147000. O $99000. Save for Later Attempts: 0 of 1 used Submit Answer Which of the following is not true regarding the chart of accounts? O It lists the account numbers that identify where the accounts are in the ledger. O It lists the account names that are in the ledger. O It is the framework for the accounting information system. O It is a standard listing of accounts that are in the ledger. Save for Later Attempts: 0 of 1 used Submit

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