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Following is an extract of account balances of Aztec Moving Services as of December​ 31, after the first year of operation.   What is the amount of total assets at the end of the​ year?   A.$17,000   B.$22,000   C.$36,200   D.29,200           Accounts Receivable $7,000 Accounts Payable 5,000 Salaries Expense 7,000 Repairs Expense 900 Truck 10,000 Equipment 12,000 Notes Payable 8,600 Cash 7,200 Supplies Expense 1,400 Service Revenue 35,000 Gasoline Expense 2,900 Salaries Payable 500

Following is an extract of account balances of Aztec Moving Services as of December​ 31, after the first year of operation.   What is the amount of total assets at the end of the​ year?   A.$17,000   B.$22,000   C.$36,200   D.29,200           Accounts Receivable $7,000 Accounts Payable 5,000 Salaries Expense 7,000 Repairs Expense 900 Truck 10,000 Equipment 12,000 Notes Payable 8,600 Cash 7,200 Supplies Expense 1,400 Service Revenue 35,000 Gasoline Expense 2,900 Salaries Payable 500

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Following is an extract of account balances of Aztec Moving Services as of December​ 31, after the first year of operation.
 
What is the amount of total assets at the end of the​ year?
 
A.$17,000
 
B.$22,000
 
C.$36,200
 
D.29,200
 
 
 
 
 
Accounts Receivable
$7,000
Accounts Payable
5,000
Salaries Expense
7,000
Repairs Expense
900
Truck
10,000
Equipment
12,000
Notes Payable
8,600
Cash
7,200
Supplies Expense
1,400
Service Revenue
35,000
Gasoline Expense
2,900
Salaries Payable
500
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