Question: 1) Total Assets is: $ 2) Total Liabilities is: $ 3.) Total Liabilities and Owner's Equity is: $ Below are the account balances for Luca
Below are the account balances for Luca Pacioli Company Cash 25.000 Owner's Capital Prepaid Insurance Uneamed Service Revenue Accounts Payable 2.500 8,000 5,300 Rent Expense Utiles Expense Selaries & Wages Payable Equipment Accounts Receivable Advertising Expense 2.200 15,000 10,000 Service Revenue 18,000 INSTRUCTIONS: Fill in the blanks with the appropriate information. DO NOT USE $ SIGNS. USE COMMAS FOR NUMBERS WHERE NEEDED. FAILURE TO FOLLOW THESE INSTRUCTIONS WILL RESULT IN YOUR ANSWER TO BE INCORRECT. (NO $10000) (YES 10,000) (YES 10) 1)Total Assets is: 2) Total Liabilities is: $ 3) Total Liabilities and Owner's Equity is: S 25,400 2,500 1.500 3,000
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