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The following items are components of a traditional balance sheet. How much are the total assets of the firm? Plant and equipment $44,600 Common stock
The following items are components of a traditional balance sheet. How much are the total assets of the firm?
Plant and equipment | $44,600 |
Common stock | 15,000 |
Cash | 7,300 |
Inventory | 22,400 |
Bad debt reserve | 6,000 |
Paid in excess | 6,000 |
Accumulated depreciation | 27,600 |
Accounts receivable | 22,000 |
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