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A business has the following balances in its general ledger: Cash 1,500; Accounts Payable 2,000; Accounts Receivable 500; Accrued Liabilities 400; Vehicles 6,000. The balance
A business has the following balances in its general ledger: Cash 1,500; Accounts Payable 2,000; Accounts Receivable 500; Accrued Liabilities 400; Vehicles 6,000. The balance in the equity accounts must therefore be: a) 5,400 b) 10,400 Oc) 8,600 d) 5,600
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