Question: please I need the full solution.. not a small part of the solution 7-2 APPLICATION PROBLEM Preparing a balance sheet A form is given below.

please I need the full solution.. not a small part of the solution

7-2 APPLICATION PROBLEM Preparing a balance sheet A form is given below. The following information is obtained from the work sheet of Len's Laundry for the month ended August 31 of the current year. BALANCE SHEET ACCOUNT TITLE CREDIT DEBIT 60 700 70000 Cash Accts. Rec.-Natasha Goodlad Accts. Rec-R. Henry Supplles 49800 43 100 20000 sPrepaid Insurance 3 8100 Accts. Pay-TH-County Supplies Accts. Pay-West End Supply Co. Leonard Lons, Capital Leonard Lons Drawing sssoo- $$500 7 65 2700 100000 o Income Sumunary 10 1043600 746300 17 te Net Income 297300 10 43600 1043600 1 20 Instructions: Prepare a balance sheet for August 31 of the current year. 1. Application Problem 7-2 Aa Aa Note: Please list account titles in the order as shown on work sheet

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