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Suppose a local company has the following balance sheet accounts. Calculate the missing amounts assuming the business has total assets of $33,750. AccountsBalances Land $8,500
Suppose a local company has the following balance sheet accounts. Calculate the missing amounts assuming the business has total assets of $33,750.
AccountsBalances
Land $8,500
Equipment ?
Salaries Payable 3,800
Notes Payable ?
Supplies1,850
Cash 6,700
Stockholders' Equity 13,000
Accounts Payable 1,450
Prepaid Rent 2,700
I need to figure out what equipment is and notes payable. Please help
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