Reza Lang is the bookkeeper for Taylor Company. Reza has been trying to get the balance sheet

Question:

Reza Lang is the bookkeeper for Taylor Company. Reza has been trying to get the balance sheet of Taylor Company to balance. Taylorâ€™s balance sheet is shown below.

Instructions
Prepare a correct balancesheet.

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Accounting Principles

ISBN: 9781118566671

11th Edition

Authors: Jerry Weygandt, Paul Kimmel, Donald Kieso

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Question Posted: Jan 30, 2014 12:55 AM

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Reza Lang is the bookkeeper for Taylor Company. Reza has been trying to get the balance sheet

Question:

TAYLOR COMPANY Balance Sheet December 31, 2014 Assets Liabilities Cash Supplies Equipment Owner's drawings 10,000 Total liabilities and $15,000 Accounts payable $21,000 67,500 $79,000 8,000 Accounts receivable 9,500) 46,000 Owner's capital Total assets $79,000 owner's equity

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TAYLOR COMPANY Balance Sheet December 31 2014 Assets Cash 15000 Accounts re...View the full answer

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