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Question 85

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[The following information applies to the questions displayed below.]
The following entry appears in Martin Supply's general journal on March 10,2018:
[The following information applies to the questions displayed below.] The following entry appears in Martin Supply's general journal on March 10,2018:    -Before the journal entry above,Martin had assets of $900,000;liabilities of $460,000;and owners' equity of $440,000.Total assets immediately after the above transaction has been recorded amount to: A) $900,000. B) $921,000. C) $956,000. D) $794,000.
-Before the journal entry above,Martin had assets of $900,000;liabilities of $460,000;and owners' equity of $440,000.Total assets immediately after the above transaction has been recorded amount to:


A) $900,000.
B) $921,000.
C) $956,000.
D) $794,000.

Correct Answer:

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