loader  Loading... Please wait...

Question(s) / Instruction(s):

A companys balance sheet shows: cash $23,000, accounts receivable $10,000, office equipment $53,000, and accounts payable $14,000. What is the amount of equity?
a)    $72,000
b)    $62,000
c)    $100,000
d)    $14,000
e)    $19,000

Find Similar Answers by Subject


Student Reviews

Rate and review your solution! (Please rate on a Scale of 1 - 5. Top Rating is 5.)


Expert's Answer
Download Solution:
$1.79

This solution includes:

  • Plain text
  • Cited sources when necessary
  • Attached file(s)
  • Solution Document(s)



Reach Us

408-538-8534

20-3582-4059

39-008-4233

+1-408-904-6494