contestada

Fombell, Incorporated has the following assets in its trial balance: Cash $8,000 Equipment 58,000 Accounts Receivable 2,000 Copyright 4,000 Inventory 18,000 Patent 12,000 Building 100,000 What is the total balance of its Property, Plant, and Equipment

Respuesta :

abiolataiwo2015

Based on the information given the total balance of its Property, Plant, and Equipment is $158,000.

Using this formula

Property, Plant, and Equipment Total balance=Equipment+ Building

Where:

Equipment=$58,000

Building=$100,000

Let plug in the formula

Property, Plant, and Equipment Total balance=$58,000+$100,000

Property, Plant, and Equipment Total balance=$158,000

Inconclusion the total balance of its Property, Plant, and Equipment is $158,000.

Learn more here:https://brainly.com/question/14771855

Otras preguntas