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I DONT HAVE MUCH TIME PLEAE HELP ) The Balance Sheet data of Sancaktepe High Tech Innovation Inc. are shown as of 31.12.2020 below. 10
I DONT HAVE MUCH TIME PLEAE HELP ) The Balance Sheet data of Sancaktepe High Tech Innovation Inc. are shown as of 31.12.2020 below. 10 points
Accounts payable: 400
Bank deposits/funds: 2.000
merchandise: 4.000
Notes payable: 800
Furniture&Fixtures: 300
Machinery&Equipment: 3.000
Notes Receivable: 1.000
Accounts receivables: 700
Buildings: 6.000
Accumulated depreciation (1.000)
Cash: 12.000
REQUIREMENT:
Using Balance sheet equation and OE formula calculate
-Owners Equity ?
-Total Assets ? Total Equities?
-Create the Balance sheet ?
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