Question
Accounts for Minion Ltd are as follows: Cash $8 000 Accounts payable 15 000 Wages payable 2 000 Inventory 8 500 Accounts receivable 4 200
Accounts for Minion Ltd are as follows:
| Cash | $8 000 |
| Accounts payable | 15 000 |
| Wages payable | 2 000 |
| Inventory | 8 500 |
| Accounts receivable | 4 200 |
| Equipment | 14 500 |
| Loan payable | 15 000 |
| Motor vehicles | 22 000 |
The amount for Equity is:
a. 32000
b. 57200
c. 25200
d. 27000
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Market Audit And Analysis
Authors: Nicole Lorat
1st Edition
3640438892, 978-3640438891
