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Accounts Accounts Retained earnings 70,000 Accumulated other comprehensive income 35,000 Inventory 25,000 Accounts receivable 20,860 Cash 30,000 Share capital-ordinary 150,000 preferred stock 100,000 Salaries payable
Accounts |
| Accounts |
|
Retained earnings | 70,000 | Accumulated other comprehensive income | 35,000 |
Inventory | 25,000 | Accounts receivable | 20,860 |
Cash | 30,000 | Share capital-ordinary | 150,000 |
preferred stock | 100,000 | Salaries payable | 11,300 |
If this information was used to prepare a statement of financial position, Total equity should be:
Select one:
a. 250,000
b. 320,000
c. 355,000
d. 185,000
e. 285,000
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