Question: below is the balance sheet for labryinth services Co., which contain erros Below is the balance sheet for Labyrinth Services Co., which contains errors: Total



Below is the balance sheet for Labyrinth Services Co., which contains errors: Total assets $952,400 Liabilities Current liabilities: Accounts receivable Accumulated depreciation-building Accumulated depreciation-equipment Net income Total liabilities $390,600 Stockholders' Equity Wages payable $2,900 Common stock 150,000 Retained earnings 408,900 Total stockholders' equity Total liabilities and stockholders' equity $952,400561,800 Prepare a corrected balance sheet. Labyrinth Services Co. Balance Sheet August 31, 20Y3 Line Item Description Amount Amount Amount Assets Check My Work All work saved. Email Instructor Save and Exit Prepare a corrected balance sheet. Total property, plant, and equipment Total assets Liabilities Current liabilities: Total liabilities Stockholders' Equity Total stockholders' equity Total liabilities and stockholders' equity Check My Work All work saved. Email Instructor Save and Exit
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