use your knowledge of balance sheets to fill in the missing amounts 599871
Use your knowledge of balance sheets to fill in the missing amounts:
|
ASSETS |
|
|
Cash |
$50,000 |
|
Accounts receivable |
80,000 |
|
Inventory |
100,000 |
|
Total current assets |
______ |
|
Gross plant and equipment |
______ |
|
Less: accumulated depreciation |
130,000 |
|
Net plant and equipment |
600,000 |
|
Total assets |
______ |