Final answer:
The question pertains to Business, providing selected account balances for Bonita Co. relating to assets, liabilities, and equity to analyze the financial position through the basic accounting equation.
Step-by-step explanation:
The subject of the question relates to the field of Business, specifically to the area of accounting and finance. When we examine the selected account balances for Bonita Co, we are dealing with the company's financial statement components, which include assets, liabilities, and equity.
From the provided information, Bonita Co's assets consist of reserves worth 30, bonds valued at 50, and loans totaling 50. On the liability side, there are deposits amounting to 300, and equity is reported to be 30. To understand the company's financial status, one might calculate the accounting equation (Assets = Liabilities + Equity) based on these figures.
The formula would appear as follows:
Assets = Reserves + Bonds + Loans
Liabilities = Deposits + Equity
Therefore: 30 (Reserves) + 50 (Bonds) + 50 (Loans) = 300 (Deposits) + 30 (Equity)
This results in 130 on both sides of the equation, demonstrating that the accounting records are balanced.