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Grace [21]
3 years ago
5

Determine the total assets of Novak Corp. at December 31, 2020.

Business
1 answer:
andreyandreev [35.5K]3 years ago
5 0

Answer: $76,220

Explanation:

Total Assets = Current Assets + Fixed Assets

Current Assets = Cash + Accounts Receivable

= 13,320 + 19,980

= $33,300

Fixed Assets = Equipment = $42,920

Total Assets = 33,300 + 42,920

= $76,220

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