Quiz 2: session acc120 quiz 2

Chapter 2

Use the following data for independent items 6 through 10.

At December 31, 2000, the accounting records of Breher Company contain the following items:

Accounts Payable……….$ 24,000

Accounts Receivable……….$ 60,000

Land……………………..360,000

Cash………………………… ?

J. Breher, Capital……….. ?

Equipment…………………..180,000

Building…………………250,000

Notes Payable……………….280,000 Directions: Answer the following questions, and press the submit button when you are done.

Use the following data for independent items 6 through 10.

At December 31, 2000, the accounting records of Breher Company contain the following items:

Accounts Payable……….$ 24,000

Accounts Receivable……….$ 60,000

Land……………………..360,000

Cash………………………… ?

J. Breher, Capital……….. ?

Equipment…………………..180,000

Building…………………250,000

Notes Payable……………….280,000

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Sheila Coe

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