Prepare a December 31 balance sheet in proper form for Alan Ventures using the following accounts and
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Question:
Prepare a December 31 balance sheet in proper form for Alan Ventures using the following accounts and amounts:
Service fees earned-revenue | $44,000 |
Cash | 8,600 |
Accounts receivable | 4,000 |
C. Alan, Capital | 106,800 |
Office equipment | 16,000 |
Advertising expense | 3,800 |
Account Payable | 4,400 |
Building | 99,000 |
Salaries payable | 1,200 |
Office supplies | 1,800 |
Salaries expense | 14,000 |
Note payable | 53,000 |
Land | 36,000 |
Related Book For
Financial Accounting Information For Decisions
ISBN: 9781260705584
10th Edition
Authors: John J. Wild
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