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Metzger company compiled the following financial information as of december 31 2010 revenues $140000 Metzger capital (1/1/10) 70000 equipment 40000 expenses 125000 cash 35000 Metzger
Metzger company compiled the following financial information as of december 31 2010 revenues $140000 Metzger capital (1/1/10) 70000 equipment 40000 expenses 125000 cash 35000 Metzger drawing 10000 supplies 5000 accounts payable 20000 account receivable 15000 Metzger's owner's equity on December 31 2010 is 1)$70000 2)$60000 3)$75000 4)$85000
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