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Danielson Software began with cash of $12,000. Danielson then bought supplies for $2,100 on account. Separately, Danielson paid $4,500 for a computer. Answer these questions:
Danielson Software began with cash of $12,000. Danielson then bought supplies for $2,100 on account. Separately, Danielson paid $4,500 for a computer. Answer these questions:
1.How much in total assets does Danielson have?
2.How much in liabilities does Danielson owe?
WORKING OUT TYPED PLEASE.
ANSWERS:
1. 14,100
2. 2100
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