Question

The following account balances appear in the 2015 adjusted trial balance of Blue Devils Corporation: Cash, $5,000; Accounts Receivable, $9,000; Supplies, $19,000; Equipment, $120,000; Accumulated Depreciation, $45,000; Accounts Payable, $26,000; Salaries Payable, $16,000; Common Stock, $60,000; and Retained Earnings, ________.
Prepare the December 31, 2015, classified balance sheet including the correct balance for retained earnings.



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  • CreatedJuly 15, 2014
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