Question
A company has the following assets and liabilities: $ Cash at bank 27,400 Accounts payable 20,400 Inventory 22,700 Accumulated depreciation 17,200 Accounts receivable 16,600 Mortgage
A company has the following assets and liabilities:
$
Cash at bank 27,400
Accounts payable 20,400
Inventory 22,700
Accumulated depreciation 17,200
Accounts receivable 16,600
Mortgage payable 115,000
Equipment (cost) 124,000
Dividends 8,600
Net Assets would be:
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Cost Estimating
Authors: Rodney D. Stewart
2nd Edition
0471857076, 978-0471857075
