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From the following information taken from the records of Peach Company at December 31 of this year, calculate equity. Accounts Amounts Cash $166,000 Accounts Receivable
From the following information taken from the records of Peach Company at December 31 of this year, calculate equity. Accounts Amounts Cash $166,000 Accounts Receivable 122,000 Buildings 3,000,000 Liabilities 210,200 Prepaid insurance $150,000 Prepaid subscriptions $111,000 Unearned Revenue 1,000,000 Loan Payables 1,800,000 Equity ? Select one: a. $3,010,200 b. $3,549,000 c. $799,800 d. $538,800
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