Question: find total assets and net income.
Homework Answers
Answer
· Requirement asked
|
Cash |
$25 |
|
Account receivables |
$4 |
|
Office Supplies |
$5 |
|
Land |
$100 |
|
Equipment |
$10 |
|
Total Assets |
$144 |
|
Service Revenue |
$38 |
|
Less: Expenses |
|
|
Utilities expense |
$2 |
|
Salaries expense |
$8 |
|
Net Income |
$28 |
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Question: find total assets and net income.
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