Prepare a statement of owners equity and a classified balance sheet from the partial worksheet for Goods
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Prepare a statement of owner’s equity and a classified balance sheet from the partial worksheet for Goods Company of Fergus. Of the Mortgage Payable, $200 is due within one year
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Account Titles Cash Petty Cash Accounts Receivable Inventory Supplies Prepaid Insurance Store Equipment Accum. Dep'n., Store Eq. Automobile Accum. Dep'n., Auto Accounts Payable Taxes Payable Unearned Rent Mortgage Payable Good's Capital Good's Withdrawals Accrued Salaries Payable Net Loss GOODS COMPANY WORKSHEET FOR THE YEAR ENDED DECEMBER 31, 2023 Balance Sheet Dr. 850000 9000 135000 400000 325 00 500 00 280000 170000 10000 Cr. 70000 22500 280000 240000 850000 45000 740000 60000 230 75 00 19 365 00 371000 2307500 2307500 |
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GOODS COMPANY BALANCE SHEET DECEMBER 31 2023 Assets Current Assets Cash 8 5 0 0 0 0 Petty Cash 9 0 0 ...View the full answer
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Related Book For
College Accounting A Practical Approach
ISBN: 9780135222416
14th Canadian Edition
Authors: Jeffrey Slater, Debra Good
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