Question
Accounts for Minion Ltd are as follows: Cash$8 000 Accounts payable15 000 Wages payable2 000 Inventory8 500 Accounts receivable4 200 Equipment14 500 Loan payable15 000
Accounts for Minion Ltd are as follows:
Cash$8 000
Accounts payable15 000
Wages payable2 000
Inventory8 500
Accounts receivable4 200
Equipment14 500
Loan payable15 000
Motor vehicles22 000
The amount for Equity is:
$27 000.
$57 200.
$25 200.
$32 000.
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Intermediate Accounting 2014 FASB Update
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield
15th edition
978-1118938782, 111893878X, 978-1118985311, 1118985311, 978-1118562185, 1118562186, 978-1118147290
