Calculate the total shareholder equity of ABC company. The company has provided the following data. Cash at Bank $50000 Creditor $40000 Inventory $20000 Debtor $50000 Wages payable $10000 Prepaid...



Calculate the total shareholder equity of ABC company.


The company has provided the following data.


Cash at Bank          $50000


Creditor                  $40000


Inventory                 $20000


Debtor                     $50000


Wages payable        $10000


Prepaid insurance    $5000


Land                         $200000


Furniture                  $30000


Long term loan        $14000






a.

$291000






b.

$300000






c.

None of the answers given






d.

$315000








Jun 10, 2022
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