4. ABC Company has the following assets: Maize plant P20,000; Logs P6,000 ; felled trees P5,000 ; Milk P3,000 ; Wool P1,000; Cheese P10,00 ; Sausages P3,500 ; Bearer Plants P40,000 ; Bearer Animals P25,000 ; Animals related to recreational activities P120,000; Freestanding trees P60,000 ; Land under trees P250,000 ; Harvested latex P45,000 ; Picked apples P35,000 ; Apples growing on apple trees P70,000; Grapes growing on grape vines P15,000 ; Mango pies P90,00O. How much is total agricultural produce? * O A. 89,000 B. 115,000 C. 218,500 O D. 279,000

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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4. ABC Company has the following assets: Maize plant P20,000; Logs
P6,000 ; felled trees P5,000 ; Milk P3,000 ; Wool P1,000; Cheese P10,000
; Sausages P3,500 ; Bearer Plants P40,00o ; Bearer Animals P25,000;
Animals related to recreational activities P120,000 ; Freestanding trees
P60,000 ; Land under trees P250,000 ; Harvested latex P45,000 ; Picked
apples P35,000; Apples growing on apple trees P70,000 ; Grapes
growing on grape vines P15,000 ; Mango pies P90,00O. How much is total
agricultural produce? *
A. 89,000
B. 115,000
O C. 218,500
D. 279,000
Transcribed Image Text:4. ABC Company has the following assets: Maize plant P20,000; Logs P6,000 ; felled trees P5,000 ; Milk P3,000 ; Wool P1,000; Cheese P10,000 ; Sausages P3,500 ; Bearer Plants P40,00o ; Bearer Animals P25,000; Animals related to recreational activities P120,000 ; Freestanding trees P60,000 ; Land under trees P250,000 ; Harvested latex P45,000 ; Picked apples P35,000; Apples growing on apple trees P70,000 ; Grapes growing on grape vines P15,000 ; Mango pies P90,00O. How much is total agricultural produce? * A. 89,000 B. 115,000 O C. 218,500 D. 279,000
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