The total amount of working capital is a. $310,500. b. $678,500. c. $172,500. d. $138,000. Cash at
Question:
The total amount of working capital is
a. $310,500.
b. $678,500.
c. $172,500.
d. $138,000.
Transcribed Image Text:
Cash at bank Prepaid insurance Accounts receivable Inventory Investment land Land Building Less: Accumulated depreciation Trademark Total assets Yasco Office Supplies Balance Sheet December 31, 20XX $149,500 Accounts payable $ 69,000 Salaries payable $115,000 Mortgage payable $161,000 Total liabilities $172,500 $207,000 $230,000 Common stock ($ 46,000) Retained earnings $184,000 $161,000 $1,219,000 Total stockholders' equity Total liabilities and stockholders' equity $161,000 $ 23,000 $207,000 $368,000 $276,000 $575,000 $851,000 $1,219,000
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Principles Of Islamic Accounting
ISBN: 9781119023296
1st Edition
Authors: Nabil Baydoun, Maliah Sulaiman, Roger J. Willett, Shahul Ibrahim
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