Question
. Based on the following data, what are total assets? Accounts payable.................................................................$62,000 Accounts receivable..............................................................50,000 Cash..................................................................................70,000 Inventory............................................................................138,000 Buildings..........................................................160,000 Bonds payable...............................................................500,000 Supplies..........................................................8,000 Notes payable......................................................................56,000 Equipment...................................................340,000 a.$822,000 b.$766,000
. Based on the following data, what are total assets?
Accounts payable.................................................................$62,000
Accounts receivable..............................................................50,000
Cash..................................................................................70,000
Inventory............................................................................138,000
Buildings..........................................................160,000
Bonds payable...............................................................500,000
Supplies..........................................................8,000
Notes payable......................................................................56,000
Equipment...................................................340,000
a.$822,000
b.$766,000
c.$758,000
d.$708,000
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Financial Reporting And Analysis
Authors: Lawrence Revsine, Daniel Collins
4th Edition
0073527092, 978-0073527093
