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  3. prestige corporation holds cash of $8,000 and owes

Prestige Corporation holds cash of $8,000 and owes $21,000 on accounts payable. Prestige has accounts...

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Accounting

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Prestige Corporation holds cash of $8,000 and owes $21,000 on accounts payable. Prestige has accounts receivable of $30,000, inventory of $20,000, and land that cost $55,000. How much are Prestige's total assets and liabilities? ..... Total assets Liabilities O A. $113,000 $84,000 B. $105,000 $21,000 O C. $113,000 $21,000 D. $21,000 $113,000

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