This information provided below is for Sparkles Pty Ltd for the year ended 31 December 2021: Equipment
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Question:
This information provided below is for Sparkles Pty Ltd for the year ended 31 December 2021:
Equipment | $90,000 |
Salaries payable | 23,000 |
Dividends Paid during 2021 | 14,000 |
Accounts payable | 120,200 |
Inventory | 140,000 |
Prepaid rent | 4,800 |
Accounts receivable | 56,000 |
Accumulated Depreciation | 40,000 |
Calculate Equity at 31 December 2021:
a. $107 600
b. $93 600
c. $98 000
d. $147 600
e. $133 600
Related Book For
Accounting For Cambridge International AS And A Level
ISBN: 9780198399711
1st Edition
Authors: Jacqueline Halls Bryan, Peter Hailstone
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