1. When the amount paid for land is $36,000 and the amount paid for expenses is

Question

1. When the amount paid for land is $36,000 and the amount paid for expenses is $10,000, the balance in total assets after transaction (b) is $ 2. When the amount paid for land is $36,000 and the amount paid for expenses is $18,000, the balance in total assets after transaction (b) is $ 3. When the amount paid for land is $50,000 and the amount paid for expenses is $18,000, the balance in total assets after transaction (b) is $ 4. When the amount paid for land is $50,000 and the amount paid for expenses is $10,000, the balance on the right side of the accounting equation after transaction (b) is

Explanation / Answer

Ans)is $ 2 why because (10000/18000)*4

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