From the details of Margaret Robertson as at 31 March 2022, prepare an accounting equation summary for
Question:
From the details of Margaret Robertson as at 31 March 2022, prepare an accounting equation summary for assets, liabilities and owner’s equity, including the current and non-current classifications as appropriate. Use figure 3.9 as a guide.
Accounts payable $35 000, capital $105 000, cash at bank $25 000, inventory $40 000, land and buildings
$120 000, loan from A Pendix $100 000, machinery $80 000, mortgage from credit union $45 000, office equipment $20 000.
figure 3.9
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Related Book For
Accounting An Introduction To Principles And Practice
ISBN: 9780170403832
9th Edition
Authors: Edward A. Clarke, Michael Wilson
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