Question: Consider the following data: Cash $ 2 4 1 0 0 Accounts Receivable 2 9 2 0 0 Accounts Payable 3 5 2 0 0

Consider the following data:

Cash $24100

Accounts Receivable 29200

Accounts Payable 35200

Note Payable 49000

Inventory 15700

Dividends Payable 5300

Equipment 215000

Supplies

7000

Net Income 34300

Accumulated Depreciation

102600

Common Shares 41100

Beginning Retained Earnings 24400

Prepaid Rent

1300

Salaries Payable 11000

Total assets amounts to

Select answer from the options below - Incorrect!

$291000.

$292300.

$394900.

$189700.

 

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