Marked out of 2.00 P Flag question Search ending March 31, 2022: Retained earnings (beginning of year) Utilities expense Equipment Accounts payable Cash Salaries and wages payable Common stock Dividends Service revenue Prepaid insurance items in the financial statements for the year Maintenance and repairs expense Depreciation expense Accounts receivable Insurance expense Salaries and wages expense Accumulated depreciation-equipment What is the amount of equity and liability? a. Liability $18,300, Equity $53,700 Ob. Liability $18,000, Equity $54,000 c. Liability $19,300, Equity $52,700 ENG US $33,000 2,000 56,000 15,300 15,900 3,000 13,000 14,000 78,000

3,500 1,800 3,300 14,200 2,200 47,000 17,600 9:36 PM 2023.00

AM123 Company has the following items in the financial statements for the year ending March 31, 2022: What is the amount of equity and liability? a. Liability $18,300, Equity $53,700 b. Liability $18,000, Equity $54,000 c. Liability $19,300, Equity $52,700