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Appollo Corporation reported the following accounts and balances in its financial

The Accounting Equation :  Appollo Corporation reported the following accounts and balances in its financial statements.

Cash                                                      $10,000

Merchandise Inventory            $30,000

Equipment                                        45,000

NotesPayable                                 20,000

ContributedCapital                    35,000

RetainedEarnings                         30,000

Arrange the accounts and balances into the accounting equationas shown below.

Assets = Liabilities + Equity

Apr 30 2018 Read more Less More

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