Ryan Bauman opened his Construction Repair Shop in April 2020. The balance sheet at April 30, 2020
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Ryan Bauman opened his Construction Repair Shop in April 2020. The balance sheet at April 30, 2020 was prepared by a friend of his and is shown below. Prepare a corrected balance sheet.
Transcribed Image Text:
Bauman's Construction Repair Shop Balance Sheet April 30, 2020 Liabilities & Equity Construction Supplies Loan Payable Accounts Receivable Assets $ 28,350 56,700 Equipment 44,100 Cash R. Bauman, Capital Accounts Payable Total Equities 12,600 53,550 69,300 $179,550 94,500 Total Assets $179,550
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Related Book For
College Accounting A Practical Approach
ISBN: 978-0134166698
13th Canadian edition
Authors: Jeffrey Slater, Debra Good
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