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Ryan & Wang Ltd is a company that commenced business on 1 April 2019. Below are the balances of assets and liabilities accounts at 30

Ryan & Wang Ltd is a company that commenced business on 1 April 2019. Below are the balances of assets and liabilities accounts at 30 April 2019: Supplies $560 Unearned revenue 300

Cash 70 Accounts payable 1,800 Inventory 3,500 Accounts receivable 2,400 Vehicles 12,000 Wages payable 960

5. What is the balance of equity at 30 April 2019?

a. $15,770 b. $14,950 c. $19,070 d. $15,470 e. $21,590

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