Vaughn's assets on December 31, 2020 are $200200. O $302000. O$170600. O $259100.

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Vaughn's assets on December 31,2020 are ? 

Vaughn Company compiled the following financial information as of December 31, 2020:
Revenues
$330000
Owner's Capital
(1/1/20)
60400
Equipment
79100
Expenses
248400
Cash
89000
Owner's Drawings
20200
Supplies
20200
Accounts payable
41000
Accounts receivable
70800
Vaughn's assets on December 31, 2020 are
$200200.
$302000.
$170600.
$259100.
Transcribed Image Text:Vaughn Company compiled the following financial information as of December 31, 2020: Revenues $330000 Owner's Capital (1/1/20) 60400 Equipment 79100 Expenses 248400 Cash 89000 Owner's Drawings 20200 Supplies 20200 Accounts payable 41000 Accounts receivable 70800 Vaughn's assets on December 31, 2020 are $200200. $302000. $170600. $259100.
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