Question
Sunday Company reports the following information on December 31st 2014 Cash 20,000 Accounts Receivable112,000 Accounts payable 91,000 Accrued Wages Payable 6,000 Unearned Revenues 2,000 Paid
Sunday Company reports the following information on December 31st 2014
Cash 20,000
Accounts Receivable112,000
Accounts payable 91,000
Accrued Wages Payable 6,000
Unearned Revenues 2,000
Paid in Capital 59,000
Retained Earnings 80,000
Inventory 30,000
Prepaid Rent 4,000
Equipment (Net) 12,000
What are the total assets as of December 31st 2014?
A. 166,000
B.180,000
C. 162,000
D. 178,000
A.
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Managerial Accounting Information For Decisions
Authors: Thomas L. Albright , Robert W. Ingram, John S. Hill
4th Edition
0324222432, 978-0324222432
