Question
Assets Amount (USD) Liabilities and Equity Amount (USD) Cash $90,000 Accounts Payable $25,000 Investments $60,000 Short-term Loans $30,000 Property $180,000 Bonds Payable $150,000 Intangible Assets
Assets | Amount (USD) | Liabilities and Equity | Amount (USD) |
Cash | $90,000 | Accounts Payable | $25,000 |
Investments | $60,000 | Short-term Loans | $30,000 |
Property | $180,000 | Bonds Payable | $150,000 |
Intangible Assets | $40,000 | Shareholders' Equity | $200,000 |
Calculate the total assets and total liabilities & equity based on the given balance sheet.
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Cost Accounting A Managerial Emphasis
Authors: Srikant M. Datar, Madhav V. Rajan, Charles T. Horngren, Louis Beaubien, Chris Graham
7th Canadian Edition
133138445, 978-0133926330, 133926338, 978-0133138443
