December 3T Cash 7,530 Accounts Receivable 2,100 Prepaid Expenses 700 Equipment 13,700 Accumulated Depreciation 1,100 Accounts Payable 1,900 Notes Payable 4,300 Common Stock 1,000 Retained Earnings 12,940 Dividends 790 Fees Earned 9,250 Wages Expense 2,500 Rent Expense 1,960 Utilities Expense 775 Depreciation Expense 250 Miscellaneous Expense 185 Totals 30,490 30,490 Determine the total assets. Oa. $24,030 Ob. $16.830 Oc. $25,130 Od. $22,930.

Excel Applications for Accounting Principles
4th Edition
ISBN:9781111581565
Author:Gaylord N. Smith
Publisher:Gaylord N. Smith
Chapter3: Merchandising Company Worksheet (p2work)
Section: Chapter Questions
Problem 6R: Open P2WORK4 and click the Chart sheet tab. On the screen, a pie chart shows the percentage...
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What is the total assets?
CengageNOWv2| Online teachin x
b Answered: What is net income?
O https://v2.cengagenow.com/ilrn/takeAssignment/takeAssignmentMain.do?invoker=&take
December 3T
Cash
7,530
Accounts Receivable
2,100
Prepaid Expenses
700
Equipment
13,700
Accumulated Depreciation
1,100
Accounts Payable
1,900
Notes Payable
4,300
Common Stock
1,000
Retained Earnings
12,940
Dividends
790
Fees Earned
9,250
Wages Expense
2,500
Rent Expense
1,960
Utilities Expense
775
Depreciation Expense
250
Miscellaneous Expense
185
Totals
30,490
30,490
Determine the total assets.
Oa. $24,030
Ob. $16,830
Oc. $25,130
Od. $22,930
All work saved.
Transcribed Image Text:CengageNOWv2| Online teachin x b Answered: What is net income? O https://v2.cengagenow.com/ilrn/takeAssignment/takeAssignmentMain.do?invoker=&take December 3T Cash 7,530 Accounts Receivable 2,100 Prepaid Expenses 700 Equipment 13,700 Accumulated Depreciation 1,100 Accounts Payable 1,900 Notes Payable 4,300 Common Stock 1,000 Retained Earnings 12,940 Dividends 790 Fees Earned 9,250 Wages Expense 2,500 Rent Expense 1,960 Utilities Expense 775 Depreciation Expense 250 Miscellaneous Expense 185 Totals 30,490 30,490 Determine the total assets. Oa. $24,030 Ob. $16,830 Oc. $25,130 Od. $22,930 All work saved.
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ISBN:
9781111581565
Author:
Gaylord N. Smith
Publisher:
Cengage Learning