Danny is the owner of DANNY Suppliers. On 31 May 2012, the entity had the...
50.1K
Verified Solution
Link Copied!
Question
Accounting
Danny is the owner of DANNY Suppliers. On 31 May 2012, the entity had the following assets and liabilities: Vehicles R270 000 Inventory R90 000 Short term loan R45 000 Debtors R180 000 Creditors R210 000 Which one of the following amounts represents the equity on 31 May 2012
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
- Unlimited Question Access with detailed Answers
- Zin AI - 3 Million Words
- 10 Dall-E 3 Images
- 20 Plot Generations
- Conversation with Dialogue Memory
- No Ads, Ever!
- Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Other questions asked by students
StudyZin's Question Purchase
1 Answer
$0.99
(Save $1 )
One time Pay
- No Ads
- Answer to 1 Question
- Get free Zin AI - 50 Thousand Words per Month
Best
Unlimited
$4.99*
(Save $5 )
Billed Monthly
- No Ads
- Answers to Unlimited Questions
- Get free Zin AI - 3 Million Words per Month
*First month only
Free
$0
- Get this answer for free!
- Sign up now to unlock the answer instantly
You can see the logs in the Dashboard.