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Question 3 of 6 < View Policies Current Attempt in Progress - /8 Lynn Dreise is the bookkeeper for Wildhorse SpA. Lynn has been
Question 3 of 6 < View Policies Current Attempt in Progress - /8 Lynn Dreise is the bookkeeper for Wildhorse SpA. Lynn has been trying to get the statement of financial position of Wildhorse SpA to balance correctly. Wildhorse's statement of financial position is shown as follows. Wildhorse SpA Statement of Financial Position December 31, 2020 Assets Liabilities Equipment 153,600 Share capital-ordinary 160,000 Supplies 25,600 Retained earnings 56,000 Cash 44,800 Accounts payable 51,200 Dividends 16,000 Accounts receivable (27,200) Total assets 240,000 Total equity and liabilities 240,000
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