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calculate total equity Jones Company Account Information 87,000 25,900 16,550 Inventory Land Office Expense 34,500 50,000 72,000 Cash Accounts Payable Accounts Receivable Accumulated Depreciation Bond

image text in transcribed calculate total equity

Jones Company Account Information 87,000 25,900 16,550 Inventory Land Office Expense 34,500 50,000 72,000 Cash Accounts Payable Accounts Receivable Accumulated Depreciation Bond Payable Common Stock 40,000 Patent 30,000 125,000 100,000 36,000 20,600 Delivery Expense 34,800 31,200 Depreciation Expense Dividends 10,000 15,000 Rent Expense Repairs Expense Retained Earnings 1/1/20 Revenues Salaries Expense Short term notes payable Supplies Supplies Expense Utilities Expense 500,000 165,000 Equipment 125,000 12,250 Insurance Expense Interest Expense Interest payable 45,700 8,000 4,000 9,200 15,000 64,000

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