Question: Can you please help me answer this question from my study guide? Required information At the end of the first month of operations for SloMo

Can you please help me answer this question from my study guide?

Can you please help me answer this question from my study guide?

Required information At the end of the first month of operations for SloMo Delivery Service, the business had the following accounts: Accounts Receivable, $1,120; Prepaid Insurance, $420; Equipment, $35,400 and Cash, $40,250. On the same date, SloMo owed the following creditors: Simpson Supply Company, $11,200; Allen Office Equipment, $9,100. The total assets for the SloMo Delivery Service are: Multiple Choice O $41,370 O $41,790 O $75,650 O $77,190

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