-Use the information above to answer the following question.What is the amount of Total Assets on the balance sheet?
A) $240,116.
B) $214,300.
C) $442,924.
D) $480,232.

Name: -Use the information above to answer the following question.What is the amount of Total Assets on the balance sheet? A) $240,116. B) $214,300. C) $442,924. D) $480,232.
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Question

-Use the information above to answer the following question.What is the amount of Total Assets on the balance sheet?
A) $240,116. 
B) $214,300. 
C) $442,924. 
D) $480,232.

Quizplus · Accepted Answer

Total Assets = Cash + Accounts Receivable + Inventory + Prepaid Expenses + Property, Plant, and Equipment = $240,116

-Use the Information Above to Answer the Following Question