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August 20, 2014

Homework Help: acc 100

Posted by Anonymous on Tuesday, April 24, 2012 at 4:30pm.

Metzger Company compiled the following financial information as of December 31, 2010:

Revenues


$140,000

Metzger, Capital (1/1/10)


70,000

Equipment


40,000

Expenses


125,000

Cash


35,000

Metzger, Drawings


10,000

Supplies


5,000

Accounts payable


20,000

Accounts receivable


15,000

Metzger's assets on December 31, 2010 are

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