Balance sheet accounts for Dales Delightful Florist Shoppe at the end of a recent fiscal year are
Question:
Balance sheet accounts for Dale’s Delightful Florist Shoppe at the end of a recent fiscal year are listed below. Prepare a schedule demonstrating that assets = liabilities + owner’s equity for the company.
Supplies Inventory ..........$ 4,150
Buildings ............. 79,500
Cash ............... 1,200
Equipment ............ 12,750
Flowers and Plants ........... 24,780
Notes Payable ............ 58,000
Proprietor’s Capital .......... 64,380
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Assets Liabilities Owners Equity Cash 1200 Flowers and Plants 24780 Supplie...View the full answer
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Related Book For
Financial Accounting Information For Decisions
ISBN: 978-0324672701
6th Edition
Authors: Robert w Ingram, Thomas L Albright
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