Cmneubauer
Feb 28, 2014, 03:19 PM
I am stuck on the balance sheet with current assets and property, plant, and equipment.
Supplies $1050
Prepaid ins $1500
Cash. $2500
Lodge $70000 depreciation $300
Furniture 16800 depreciation $250
Land $15000 no depreciation noted.
What is considered assets and what is considered property, plant, and equipment?
Not balancing!
Supplies $1050
Prepaid ins $1500
Cash. $2500
Lodge $70000 depreciation $300
Furniture 16800 depreciation $250
Land $15000 no depreciation noted.
What is considered assets and what is considered property, plant, and equipment?
Not balancing!