In: Finance
Calculate the total liabilities for the company:
Cash: $ 10,350 |
Equipment: $25,000 |
|
Accounts payable: $17,897 |
Bank Loan: $ 15,500 |
Inventory: $ 15,345 |
Notes payable: 12,340 |
Account Receivable: $ 13,290 |
|
Accrued Expenses; $12,567 |
Notes receivable: $ 9,786 |
|
Prepaid Insurance: $ 14,048 |
Unearned revenue: $11,954 |
Total liabilties = Bank loan + Accounts payable + Notes payable + Unearned revenue + Accrued expenses
Total liabilities = $15,500 + $17,897 + $12,340 + $11,954 + $12,567
Total liabilties = $70,258