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TEST II: 10 points 10 points The following ledger balances were extracted from the general ledger of Vendo Laundry Services on December 31, 2020:


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TEST II: 10 points 10 points The following ledger balances were extracted from the general ledger of Vendo Laundry Services on December 31, 2020: Cash Loan Payable Due from Customer P 30,000 55,000 15,600 Notes Receivable 10,000 Due to Suppliers 22,000 Furniture and Fixture 25,000 Notes Payable 12,000 Office Equipment 45,000 Delivery Truck 150,000 REQUIRED: Based on the above information how much is the owner's equity as of December 31, 2020? Your answer

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