Smith Consulting has reported as on 31 Dec. 2019 the following: Plant and machinery $ 400,000, Accounts receivables $ 200,000, Cash & Bank Balances $ 40000, Loans taken from Bank $ 200,000. What is the Equity value of company? O None of above O $360,000 $440,000 0 $520,000 Johnson & Co. follows calendar year ( i.e. January - December) as accounting period. The company entered into an agreement for offering consultancy service to one of its client on 18 December 2019. The consultancy period is 20 December 2019 to 30 April 2020. It was agreed that consultancy fee of $ 26600 will be received at the end of consultancy period. How much consultancy fee should be recognized as revenue for the year 2019? 0 $ 24200 $2400 oooo $ 26600 $0 i of the y eel Dew 2019 The e dd y 1 point Johnson & Co. foliows calendar year( i ary-December) con period. The company entered into an agreement for offic coolaney period is 20 December 2019 - 20 April 2020. The entire consultancy fee of $ 12300 received on December 2017. How 2019 O $11200 O $11500 O $11000 O $12300 Previous