4 36 ICULDU 145 The following items are taken from the financial statements of Dinkel Company fo year ending December 31, 2010 Is 18 000 Accounts payable 11,000 Accounts receivable 28,000 Accumulated depreciation equipment 21,000 Advertising expense 215 000 Cash 102 000 Dinkel, Capital (1 1 10) Dinkel, Drawing 14,000 Depreciation expense 12,000 Equipment 190 000 Insurance expense 13,000 Note payable, due 6 30 11 70,000 Patents 20,000 Prepaid insurance (12 month policy) 6,000 Rent expense 17,000 Salaries expense Service revenue 133,000 Supplies 4,000 Supplies expense 32,000 6,000 What is total liabilities and owner's equity at December 31, 2010 a $176,000 b $190,000 c $218 000 d $232,000

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4 36 ICULDU 145  The following items are taken from the financial statements of Dinkel Company fo year ending December 31, 2010  Is 18 000 Accounts payable 11,000 Accounts receivable 28,000 Accumulated depreciation   equipment 21,000 Advertising expense 215 000 Cash 102 000 Dinkel, Capital (1 1 10) Dinkel, Drawing 14,000 Depreciation expense 12,000 Equipment 190 000 Insurance expense 13,000 Note payable, due 6 30 11 70,000 Patents 20,000 Prepaid insurance (12 month policy) 6,000 Rent expense   17,000 Salaries expense Service revenue 133,000 Supplies 4,000 Supplies expense 32,000 6,000 What is total liabilities and owner's equity at December 31, 2010  a  $176,000 b  $190,000 c  $218 000 d  $232,000

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4.36 ICULDU 145. The following items are taken from the financial statements of Dinkel Company fo year ending December 31, 2010: Is 18.000 Accounts payable

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