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A company's balance sheet shows: cash $24,000, accounts receivable $30,000, equipment $50,000, and equity $72,000. What is the amount of liabilities? O A $104,000 B.
A company's balance sheet shows: cash $24,000, accounts receivable $30,000, equipment $50,000, and equity $72,000. What is the amount of liabilities? O A $104,000 B. $76,000 OC. $32,000 O D. $68,000 E $176,000 Which of the following combinations results in a net loss reported on the income statement? O A. Total revenues of $80,000 and total expenses of $74,000. B. Total revenues of $70,000 and total expenses of $74,000. O C. Total revenues of $60,000 and total expenses of $52,000, O D. Total revenues of $20,000 and total expenses of $16,000. E. Total revenues of $40,000 and total expenses of $31,000. A company's list of accounts and the identification numbers assigned to each account is called a: O A. Source document. O B. Journal. O c Trial balance. O D. Chart of accounts. O E. General Journal
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