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Usg the followin ng data to determine the total dollar ameount of asets to be cd Koonce Ofice Supplies Balance Sheet December 31, 2014 Cash

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Usg the followin ng data to determine the total dollar ameount of asets to be cd Koonce Ofice Supplies Balance Sheet December 31, 2014 Cash Accounts receivable S 130,000 Accousts payable Inventory 100,000 Salaries and wages payable2000 110,000 Mortgage payable s 140 30 Prepaid insurance Stock investments Land Buildings Less: Accumulated 60 160,500 ,000 Total liabilities 170,000 180,000 $210,000 Common stock Retained earnings $240.000) depreciation (40,000) 500.000 170,000 Total stockholders equity $740.090 Trademarks Total assets A) $570,000 B) $400,000 C) $340,000 D) $290,000 40.000Total liabilities and S1.060000 stockholders' equity $1.060.000 5. Use the following data to determine the total dollar amount of assets to be classified as property, plant, and equipment. Koonce Office Supplies Balance Sheet December 31, 2014 S 140,000 Cash S 130,000 Accounts payable 100,000 110,000 20,000 160,000 Accounts receivable Salaries and wages payable Mortgage payable Inventory $320.000 60,000 Total liabilities Prepaid insurance Stock investments Land 170,000 180,000 Common stock Retained earnings $240,000 500,000 Buildings $210,000 Less: Accumulated Ttal stockholders' equity $740,000 40,000) 170,000 depreciation Total liabilities and 140,000 Trademarks Total assets A) $660,000 B) $350,000 C) $490,000 D) $390,000 S1060,000 stockholders' equity $1.060.000

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