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Bahwan Summary of transaction as at 30-Apr 2020 $ $ Cash 48,000 Equity 10,000 Building 140,000 Loan 1 140,000 Equipment 30,000 Loan 2 30,000 Purchases
Bahwan
Summary of transaction as at | 30-Apr | 2020 | ||||
$ | $ | |||||
Cash | 48,000 | |||||
Equity | 10,000 | |||||
Building | 140,000 | |||||
Loan 1 | 140,000 | |||||
Equipment | 30,000 | |||||
Loan 2 | 30,000 | |||||
Purchases (for Cash) | 18,000 | |||||
Sales (for Cash) | 70,000 | |||||
Marketing Expenses | 14,000 | |||||
Receivables | 140,000 | |||||
Sales (on Credit) | 140,000 | |||||
Purchases (on Credit) | 36,000 | |||||
Trade Payables | 36,000 | |||||
Light & Heat (Expense) A/c | 2,800 | |||||
Accruals | 2,800 | |||||
428,800 | 428,800 | |||||
Based on the information provided above, the Total Assets figure is:
Select one:
a. $310,000
b. None of the answers provided are correct
c. $358,000
d. $170,000
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