Widget Corp. has capital stock of $20,000, retamed earnings of $15,000, notes payable of $30,000, cash of $10,000, accounts receivable of $25,000, wages payable of $15,000, and also has equipment. If these are all their accounts, what is the value of the equipment?

Answer rating: 100% (QA)

To find the value of the equipment we need to calculate the total assets first Total Assets ... View the full answer