These items are taken from the financial records of Westdale Burgers Inc. for fiscal 2020. Cash $8,200
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These items are taken from the financial records of Westdale Burgers Inc. for fiscal 2020.
| Cash | $8,200 |
| Accounts receivable | 7,500 |
| Inventory | 1,800 |
| Equipment | 28,000 |
| Accumulated depreciation | 8,600 |
| Accounts payable | 12,000 |
| Salaries payable | 3,000 |
| Common shares | 20,000 |
| Ending Retained earnings | 1,900 |
| Dividends | 7,200 |
| Service revenue | 42,000 |
| Repair expense | 3,200 |
| Depreciation expense | 2,800 |
| Insurance expense | 1,200 |
| Salaries expense | 36,000 |
| Utilities expense | 3,700 |
Calculate the value of Current Assets?
Calculate the value of Long Term Assets?
Calculate the value of Total Liabilities?
Calculate the value of Total Shareholders Equity?
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