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Compute the following amounts for O Leary Dental: Total Assets. Total Liabilities. Net income or loss during December. Total shareholders equity. A table titled O

Compute the following amounts for OLeary Dental:
Total Assets.
Total Liabilities.
Net income or loss during December.
Total shareholders equity.
A table titled OLeary Dental,Trial Balance,December 31,2016. There are three columns, the first containing headings, the second titled Debit, and the third titled Credit. The heading Credit, has a Debit of $18,000.Accounts receivable, has a debit of 1,000.Supplies, has a debit of 12,000.Equipment, has a debit of 20,000.Land, has a debit of 30,000.Accounts payable has a credit of $29,000.Note payable has a credit of 10,000.Share capital, has a credit of 8,000.Retained earnings, has a credit of 6,000.Service revenue, has a credit of 60,000.Salary expense, has a debit of 27,000.Rent expense, has a debit of 2,000.Interest expense, has a debit of 3,000.Total, has a debit of $113,000 and a credit of $113,000.

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