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Following is a random list showing the account balances of various assets, liabilities, revenues, and expenses for Spiffy's Garage at December 31, 2019, the end
Following is a random list showing the account balances of various assets, liabilities, revenues, and expenses for Spiffy's Garage at December 31, 2019, the end of its first year of operations. E: (Click the icon to view the account balances.) The owner, Spiffy Sloan, invested $22,600 at the beginning of the year and withdrew $5,000 during the year for personal use Owner's equity at December 31, 2019. was 8 O A. $22.700 OB. $13.900 OC. $22.600 OD. $18,700 8 X 1 Account balances $15,000 3,500 4,500 800 Accounts receivable Accounts payable Salary expense Repairs expense Truck Equipment Notes payable Cash Supplies expense Service revenue Gasoline expense Salary payable 8,500 6,300 8,200 6,800 1,600 12,800 800 2,200
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