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FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Question
Use the adjusted
Line Item Description | Amount | Amount |
---|---|---|
Cash | 5,367 | |
2,667 | ||
Prepaid Expenses | 723 | |
Equipment | 15,391 | |
3,900 | ||
Accounts Payable | 1,739 | |
Notes Payable | 5,136 | |
Common Stock | 1,000 | |
9,948 | ||
Dividends | 767 | |
Fees Earned | 7,796 | |
Wages Expense | 3,167 | |
Rent Expense | 774 | |
Utilities Expense | 334 | |
Depreciation Expense | 204 | |
Miscellaneous Expense | 125 | |
Total | 29,519 | 29,519 |
Determine the total liabilities for the period.
a. $6,875
b. $20,248
c. $10,948
d. $10,775
SAVE
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