Accounts listed below are in random order and you are required to prepare a balance sheet...

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Accounts listed below are in random order and you are required to prepare a balance sheet December 31, 2019. Equipment $39,200 Furnishings 58,700 Buildings $450,000 Salaries Payable 33,500 Land 425,000 Auto mobiles 15,400 Capital Stock 135,000 Interest Payable 12,000 Account Payable 54,800 Notes Payable 620,000 Cash 31,400 Retained Earnings ? Account Receivable 10,600 Accounts listed below are in random order and you are required to prepare a balance sheet December 31, 2019. Equipment $39,200 Furnishings 58,700 Buildings $450,000 Salaries Payable 33,500 Land 425,000 Auto mobiles 15,400 Capital Stock 135,000 Interest Payable 12,000 Account Payable 54,800 Notes Payable 620,000 Cash 31,400 Retained Earnings ? Account Receivable 10,600

Answer rating: 100% (QA)

To prepare a balance sheet as of December 31 2019 we need to list the assets liabilities and stockho... View the full answer