Business
Consider Emily's balance statement:Emily's supervisor asked her to revise the balance statement. What does she need to revise? Why? A B1 Assets FY 20142 Accounts Payable $2,0003 Wages $75,0004 Taxes Payable $10,0005 Mortgage Payable $15,0006 Total $102,0007 8 Liabilities FY 20149 Cash $80010 Inventories $36,00011 Investments $25,00012 Accounts Receivable $61,80013 Total $122,80014 15 Balance -$20,800