Question: calculate : 1- total assets 2- total liabilities 3- net income Based on the following accounts balances for ABC Co. cafe 5. Po9 Cash SR32,000

calculate :
1- total assets
2- total liabilities
3- net income  calculate : 1- total assets 2- total liabilities 3- net income

Based on the following accounts balances for ABC Co. cafe 5. Po9 Cash SR32,000 Office supplies 2,000 Land 10,000 Building 20,000 Equipment 6,000 Utility expense 5,000 card 0847 Accounts payable 2,000 Notes payable 8,000 Common Stock 50,000 Consulting revenue 30,000 Rent expense 15,000 Unearned revenue 10,000

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