Question

The following financial data are for the dental practice of Dr. David Malone when he began operations in July. Determine the amounts that would appear in Dr. Malone’s balance sheet.
1. Owes $19,000 to the Davis Equipment Company.
2. Has cash balance of $13,500.
3. Has dental supplies of $3,650.
4. Owes $4,180 to 21st Century Furniture Supply.
5. Has dental equipment of $26,550.
6. Has office furniture of $8,000.



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  • CreatedAugust 08, 2014
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