The following information is available for Sutter Bowling Alley at December 31, 2022. Prepare a classified statement
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The following information is available for Sutter Bowling Alley at December 31, 2022.
Prepare a classified statement of financial position. Assume that $13,900 of the notes payable will be paid in 2023.
Transcribed Image Text:
Buildings Accounts Receivable Prepaid Insurance Cash Equipment Land Insurance Expense Depreciation Expense Interest Expense $128,800 14,520 4,680 18,040 62,400 64,000 780 7,360 2,600 Owner's Capital Accumulated Depreciation-Buildings Accounts Payable Notes Payable Accumulated Depreciation-Equipment Interest Payable Bowling Revenues $115,000 42,600 12,300 97,780 18,720 2,600 14,180
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Accounting Principles
ISBN: 9781119707110
14th Edition
Authors: Jerry J. Weygandt, Paul D. Kimmel, Jill E. Mitchell
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