Find all good bakery had total assets of

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All's Good Bakery opened for business, Eva Flores, the owner reported the following assets and liabilities.

Cash $15,500

Baking Equipment $12,100

Refrigerator $4,000

Loan Payable $8,000

Accounts Payable $3,750

Use the information from the All's Good Bakery to determine the totals that would appear in her company's fundamental accounting equation in the following set of questions.

Problem 1: All's Good Bakery had total assets of:

A. 36,100

B. 31,600

C. 15,500

D. 43,350

Reference no: EM132810229

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