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    deborah45's Avatar
    deborah45 Posts: 6, Reputation: 1
    New Member
    		  
    #1

    Nov 1, 2009, 06:07 PM
    I have tried to come up with the answer of $40,500
    Assets
    Cash $38,700
    Land $66,600
    Total Assets $105,300
    Dividends -7200
    Interest Expense -3600
    Miscellaneous Expense -4500
    Notes Payable -54000
    Rent Expense -10800
    Retained Earnings $-
    Salaries Expense -16300
    Sales Commissions -89100
    Utilities Expense -13500
    morgaine300's Avatar
    morgaine300 Posts: 6,561, Reputation: 276
    Uber Member
    		  
    #2

    Nov 2, 2009, 12:05 AM

    An answer to what? You've listed a bunch of account balances. What are you supposed to be answering?
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