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FORE(10marks) Suppose a local company has the following balance sheet accounts: Accounts Land Equipment Balances $ 8,000 ? Salaries Payable 3,300 Notes Payable ? Supplies
FORE(10marks) Suppose a local company has the following balance sheet accounts: Accounts Land Equipment Balances $ 8,000 ? Salaries Payable 3,300 Notes Payable ? Supplies 1,600 Cash 6,200 Stockholders' Equity 12,500 Accounts Payable 1,200 Prepaid Rent 2,200 Calculate the missing amounts assuming the business has total assets of $30,000
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