Question: Answer is not complete. Requirement General Journal General Ledger Trial Balance Income Statement St Owners Equity Balance Sheet The balance sheet is the accounting equation:

Answer is not complete.

  • Requirement
  • General Journal
  • General Ledger
  • Trial Balance
  • Income Statement
  • St Owners Equity
  • Balance Sheet

The balance sheet is the accounting equation: Assets = Liabilities + Equity. Each asset and liability account is reported separately on the balance sheet. Equity includes the ending capital balance from the Statement of Owner's Equity.

Sweet Homes Company
Balance Sheet
April 30, 2019
Assets
Cash $156,000
Accounts receivable 21,300
Office supplies 8,000
Prepaid insurance 6,960
Prepaid rent 20,400
Office equipment 45,400
Total assets $258,060
Liabilities
Accounts payable $(15,400)
Equity
M. Sweet, Capital (8,300)
The balance in Sweet's capital account comes from the: not attempted

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