Ask Experts Questions for FREE Help !
Ask
    tfountain's Avatar
    tfountain Posts: 1, Reputation: 1
    New Member
    		  
    #1

    Jul 7, 2013, 08:54 AM
    Complete the balance sheet for Deer Park as of December 31, 2010. (List assets in ord
    Jan Nab is the sole owner of Deer Park, a public camping ground near the Lake Mead National Recreation Area. Jan has compiled the following financial information as of December 31, 2010.

    Revenues during 2010—camping fees $140,000 Market value of equipment $140,000
    Revenues during 2010—general store 50,000 Notes payable 60,000
    Accounts payable 11,000 Expenses during 2010 150,000
    Cash on hand 23,000 Supplies on hand 2,500
    Original cost of equipment 105,500
    Jan Nab began business on January 1, 2010, with an investment of $20,000.
    tickle's Avatar
    tickle Posts: 23,796, Reputation: 2674
    Expert
    		  
    #2

    Jul 7, 2013, 09:19 AM
    Sorry, we don't do homework assignments. If you want us to help, you work it out and we will tell you if it is correct or not.
Not your question? Ask your question View similar questions
 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

Determine Jan Nab's net income from Deer Park for 2010 [ 2 Answers ]

Jan Nab is the sole owner of Deer Park, a public camping ground near the Lake Mead National Recreation Area. Jan has compiled the following financial information as of December 31, 2010. Revenues during 2010?camping fees $140,000 Market value of equipment $140,000 Revenues during...

Complete the balance sheet for Epsico Inc. At December 31, 2004 [ 2 Answers ]

Complete the Balance Sheet for Epsico, Inc at December 31, 2004 Net Income for the year ended December 31, 2004 was $26 Dividents paid during the year ended December 31, 2004 was $8 Cash increased $8 during the year ended December 31, 2004 The cost of new equipment acquired during 2004 was...

Airline Company Balance Sheet As of December 31, 2009 Assets Cash [ 1 Answers ]

Airline Company Balance Sheet As of December 31, 2009 Assets Cash………………………………………………….. $ 30,000 Account receivable………………………………… 50,000 Inventory…………………………………………….. 80,000 Net plant and equipment…………………………. 200,000 Total Assets………………………………………$ 360,000

View more questions Search