Instructions

Create a Balance Sheet Use the Income statement below

Use the date as of January 31, 2022 to create a balance sheet

Thirdly before commencing the balance sheet go down for the format which the balance sheet should be made

MUST Use the form method attached below for Balance Sheet

Credits Debits 2 501 1 000 200 400 2 465 8 460 2 4501 Accounts Bank A/R-R. Arthur AIRR A/R-J. Morrison / Supplies Equipment Automobile A/P-Ace Finance Co. A/P-Grand's Stationers A/P-Star Oil Co. P. Simpson, Capital P. Simpson, Drawings Fees Earned Car Expense Office Expense Rent Expense Wages Expense 1 4001 601 11 726) 800 1 700 180 130 700 500 17 336 17 336 3 5 9 10 10 1 11 12 12 13 14 12 15 16