Given the following extract of a trial balance for Potter Inc's trial balance, what is the total amount of "equity"? (what is the sum of all of the equity accounts listed)?

Appropriated retained earnings $. 8,500 Investment in common shares of XPedious Corp 104,560 Preferred shares 135,000 Other comprehensive income 45,000 Accumulated other comprehensive income 67,500 Bonds payable 101,400 Unappropriated retained earnings 90,000 Provision for doubtful accounts 35,500.

Answer rating: 100% (QA)

To find the total amount of equity you would sum up all the equityrelated accounts listed i... View the full answer