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With the following accounts Identify cash inflows and cash outflows calculate: Total inflows by the liability account 2020 2021 Cash Inflows Cash Outflows Assets accounts
With the following accounts Identify cash inflows and cash outflows calculate: Total inflows by the liability account 2020 2021 Cash Inflows Cash Outflows Assets accounts RRSP House Cottage Bank account Furniture Savings $ 12,000.00 $ 300,000.00 $ 200,000.00 $ 3,000.00 $ 14,000.00 $ 3,000,00 :5 10,000.00 $ 280,000.00 $ 190,000.00 is 2,000.00 10,000.00 4,000.00 Total Assets 5 532,000.00 $ 496,000.00 Liability accounts Mortgage 1 Mortgage 2 Car loan Line of credit Master card Total Liabilities $ 200,000.00 $ 125,000.00 $ 20,000.00 $ 5,000.00 2,000.00 $352,000.00 $ 210,000.00 $ 100,000.00 $ 25,000.00 $ 2,000.00 S 1,000.00 $ 338,000.00 Total Equity $ 180,000.00 $ 158,000.00 Total liabilities and equity $ 532,000.00 15 496,000.00 A. 44000 B. 15000 C. 14000 D. 29000
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