Calculate the total of asset side in Balance sheet, from the given information- Equipment $40,000; Owner's Closing

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Calculate the total of asset side in Balance sheet, from the given information-

Equipment $40,000;

Owner's Closing capital $400,000;

Unearned revenue $55,000;

Prepaid expenses $5000;

Equipment $350,000;

Debtors $4000;

Accounts receivable 56,000

A. $455,000
B. $399,000
C. $454,000
D. None of these

Posted Date: Sep 26, 2021 12:28 PM

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Calculate the total of asset side in Balance sheet, from the given information- Equipment $40,000; Owner's Closing

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A 455000 Explanation Asset sid... View the full answer

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