Silver Corporation had the following accounts and balances at the end of the year: Cash $95,000 Accounts Payable $28,000 Common Stock $35,000 Dividends $15,000 Inventory $58,000 Long-term Notes $45,000 Payable Revenues $180,000 Salaries Payable $40,000 What are total assets at the end of the year? A) $95,000 B) $180,000 C) $153,000 D) $200,000

Silver Corporation had the following accounts and balances at the end of the year: Cash $95,000 Accounts Payable $28,000 Common Stock $35,000 Dividends $15,000 Inventory $58,000 Long-term Notes $45,000 Payable Revenues $180,000 Salaries Payable $40,000 What are total assets at the end of the year? A) $95,000 B) $180,000 C) $153,000 D) $200,000

Cornerstones of Financial Accounting

4th Edition

ISBN:9781337690881

Author:Jay Rich, Jeff Jones

Publisher:Jay Rich, Jeff Jones

Chapter11: The Statement Of Cash Flows

Section: Chapter Questions

Problem 11MCQ: Chasse Building Supply Inc. reported net cash provided by operating activities of $243,000, capital...

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