Assume the following data:
building 100.000, land 50.000, cash 30.000, AP 30.000, bank loan 60.000, AR 12.000, unearned revenue 8.000, equipment 60.000, car 40.000, supplies 18.000, NR 40.000, rent payable 2.000, capital ??, drawings 10.000, service revenue 100.000, rent exp. 15.000, salaries exp. 25.000
what is current assets
what is fixed assets
what is total liabilities
what is total owners’ equity
what is net income
The answer has been presenetd in the supporting sheet. For detailed answer refer to the supporting sheet.
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