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The following items are taken from the KPMG Company's financial statements for the year ending December 31, 2018, Accounts Balanc Accounts Balance Prepaid insurance 60000
The following items are taken from the KPMG Company's financial statements for the year ending December 31, 2018, Accounts Balanc Accounts Balance Prepaid insurance 60000 Land 180000 Building 200000 Inventories 140000 Investment in property 70000 Trademark 140000 Services Revenues 50500 Land for investemnt 150000 Short term Notes payable 120000 Account Receivable 100000 Rent Expenses Salary expenses 30700 Mortgage payable 180000 130000 Salaries payable 20000 Share- capita 90000 40000 Dividends 3000 Accumulated depreciation- Buulding Long term Notes payable 150000 Patent 100000 32700 Rent Revenues Retained Earnings (Beginning Balance) 120000 Based on this information, what amount of the total amount of equity: $162 500 Based on this information, what amount of the total amount of equity: O $162,500 O $151.900 O S148.900 O S122,700
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