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ABC Is a Company That Commenced Business on 1 January

Question 8

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ABC is a company that commenced business on 1 January 2016. Below are the balances in the 30 June 2016 financial statements.
ABC is a company that commenced business on 1 January 2016. Below are the balances in the 30 June 2016 financial statements.   What is the balance of assets? A)  $8000 B)  $10 000 C)  $16 000 D)  None of the answers provided
What is the balance of assets?


A) $8000
B) $10 000
C) $16 000
D) None of the answers provided

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