lavellal
Jul 6, 2010, 05:55 PM
Jim is a web sit designer and here are the results of the end of the first year of his business
Accounts payable 12.100
Cash 19,150
Service revenue 20,000
Contributed capital 21,000
Wages expense 4,100
Inventory 4,445
Rent expense 5,000
Equipment 16,325
Supplies expense 4,080
Retained earnings 6,820
Prepare a balance sheet in its proper format with the heading left aligned
Accounts payable 12.100
Cash 19,150
Service revenue 20,000
Contributed capital 21,000
Wages expense 4,100
Inventory 4,445
Rent expense 5,000
Equipment 16,325
Supplies expense 4,080
Retained earnings 6,820
Prepare a balance sheet in its proper format with the heading left aligned