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Based on the following details, which one of the following statements are true? Items RM Buildings 85,000 Cash 8,500 Bank 15,000 Account payables 23,000 Account

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Based on the following details, which one of the following statements are true? Items RM Buildings 85,000 Cash 8,500 Bank 15,000 Account payables 23,000 Account receivables 30,000 Bank overdraft 11,000 Inventory 47,000 Sales 288,000 Cost of goods sold 130,000 Dividend 75,000 i) Total assets is the same amount with total equity. ii) Total assets is RM185,500. iii) Total liabilities is RM34,000. iv) The cost of the goods sold is 55% of the overall revenue

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