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The normal balances extracted from the Adjusted Trial Balance for Axia Enterprise for the period ended 31 December 2019 are as follows: Accounts Equipment Accumulated
The normal balances extracted from the Adjusted Trial Balance for Axia Enterprise for the period ended 31 December 2019 are as follows: Accounts Equipment Accumulated Depreciation Equipment Supplies Account Receivable Cash Account Payable Note Payable Unearned Revenue Salaries Payable Capital Drawings Revenue Salaries Expense Insurance Expense Interest Expense Depreciation Expense Supplies Expense Miscellaneous Expense RM 669,375 196,875 7,500 466,875 450,000 165,000 346,875 105,000 39,375 787,500 105,000 529,500 204,750 91,875 67,875 32,812 65,625 8,438 What is the net book value of equipment? Select one: a. RM866,250 b. RM472,500 C. RM669,375 d. RM439,688
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