What is the percentage of assets

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Reference no: EM132513816

1) Acquired $37000cash from issued stock

2) Borrowed $33000 cash from bank

3) Earned cash revenue $55000 for performing

4) Paid cash expense $48000

5) Paid $1700 dividend

6) Acquired additional $27000 cash from common stock

7) Paid $8000 cash to reduce bank note.

8) Paid $60000 cash to purchase land

9) Determined that the market value of the land was $84000

Problem 1: What is the percentage of assets?

operating 6500

Investing (60000)

Financing 87300

Investors?

Creditors?

Earnings?

Reference no: EM132513816

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