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  3. 4. on october 1, 2024, one thingamajig corp. was f

4. On October 1, 2024, One Thingamajig Corp. was formed. Its assets, liabilities, share capital,...

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Accounting

4. On October 1, 2024, One Thingamajig Corp. was formed. Its assets, liabilities, share capital, revenues, expenses, and dividends as at October 31 follow: Utilities expense Service revenue Accounts receivable Interest expense Salaries expense Vehicles Accounts payable Income tax expense Supplies Dividends declared Common shares Cash Bank loan payable Repair and maintenance expense Supplies expense $ 2,000 34,500 8,500 3,000 4,000 50,000 8,000 1,700 4,000 7,000 40,000 20,000 24,500 5,700 2,000 What is their Total Assets? 5. With the information from One Thingamajig Corp. in #4 above, calculate their Working Capital (assume Bank loan payable is non-current).
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4. On October 1, 2024, One Thingamajig Corp. was formed. Its assets, liabilities, share capital, revenues, expenses, and dividends as at October 31 follow: What is their Total Assets? 5. With the information from One Thingamajig Corp. in #4 above, calculate their Working Capital (assume Bank loan payable is non-current)

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