Calculate Owner's Equity Current Assets: Cash $5400 Accounts Receivable $15,868 Inventory $6,740 Supplies Total Current Assets...

 

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Calculate Owner's Equity Current Assets: Cash $5400 Accounts Receivable $15,868 Inventory $6,740 Supplies Total Current Assets $30,587 Fixed Assets: Land Buildings Depreciation Equipment Depreciation Total Fixed Assets Total Assets $28,300 $143,200 $13,150 $ 31,345 $4,260 Current Liabilities: Accounts Payable Mortgage Payable Salaries Payable Total Current Liabilities Long-Term Liabilities Mortgage Payable $14,246 $ 2,183 $6,749 $23,178 $93,122 Total Long-Term Liabilities $93,122 Owner's Equity Calculate Owner's Equity Current Assets: Cash $5400 Accounts Receivable $15,868 Inventory $6,740 Supplies Total Current Assets $30,587 Fixed Assets: Land Buildings Depreciation Equipment Depreciation Total Fixed Assets Total Assets $28,300 $143,200 $13,150 $ 31,345 $4,260 Current Liabilities: Accounts Payable Mortgage Payable Salaries Payable Total Current Liabilities Long-Term Liabilities Mortgage Payable $14,246 $ 2,183 $6,749 $23,178 $93,122 Total Long-Term Liabilities $93,122 Owner's Equity

Answer rating: 100% (QA)

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