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The trial balance of Sparky Corp. had the following account balances: Cash $40,000 (dr) Inventory $25,000 (dr) Equipment ??? Accounts Payable $32,000 (cr) Notes Payable
The trial balance of Sparky Corp. had the following account balances: Cash $40,000 (dr) Inventory $25,000 (dr) Equipment ??? Accounts Payable $32,000 (cr) Notes Payable $90,000 (cr) Given this information, what is the missing account balance for Equipment assuming these are Sparky Corp.'s only accounts? $57,000 (cr) O $57,000 (dr) $58,000 (dr) $65,000 (cr)
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