Question: Balance sheet Labels and Amount Balance Sheet Labyrinth Services Co. Balance Sheet For the Year Ended August 31, 2019 Assets Current assets: 3 Cash 4Accounts





Balance sheet Labels and Amount Balance Sheet Labyrinth Services Co. Balance Sheet For the Year Ended August 31, 2019 Assets Current assets: 3 Cash 4Accounts payable 5 Supplies 18,500.00 31,30000 Prepaid insurance 7 Land Total current assets $297900.00 9Property, plant, and equipment Building 11 Equipment 2Total property,plant, and equipment 13 Total assets 97,00000 635,400.00 $933,300.00 Liabilities 15 Current liabiLities: 41,400.00 155,00000 25,000.00 118,20000 1 Accounts receivable Accum depr-building 18Accum. depr-equipment 19 Net income 20 Total labilities $339,600.00 Owner's equity 22 wages payable
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