Identify the items listed above that are assets what is the

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National Shops, Inc. reported the following amounts on its balance sheet on December 31, 2009:

Cash $ 300,000
Accounts Receivable
25,000
Bank Loan Payable
700,000
Unearned revenue
5,000
Merchandise Inventory
150,000
Contributed capital
250,000
Net property, plant and equipment
600,000
Prepaid Supplies
30,000
Accounts payable
45,000
Retained earnings
?

Identify the items listed above that are assets. What is the amount of National's total assets at the end of 2009?

Reference no: EM13575780

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