I need the total shareholders equity and total liabilities and SHE Liabilities a

Question

I need the total shareholders equity and total liabilities and SHE

Liabilities and Equity Current liabilities $150,00 Accounts payable Notes payable 145,000 Accruals Total current liabilities t liabilities315,00 Long-term debt Total liabilities 425,000 800,O0O Sharcholders' equity Ppeferred steel Common stock (at par) 150,000 Retained earnings 390,000 Total shareholders' equity Total liabilities and shareholders' equity 375, 0 00 Total current liabilities Total liabilities Preferred stock Total shareholders' equity Total liabilities and SHE

Explanation / Answer

Acc payable=150,000
Notes payable=145,000
Accruals=80,000
Total current liability= 150000+145000+80000=$375,000
Long term debt=425,000
Total liability=800,000

Total shareholder equity= 150,000+390,000=$540,000
Toal liability and SHE=800,000+390,000=$1,190,000

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