Present below are the balance sheet of the assets and liabilities of High and Dry Delivery service

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Present below are the balance sheet of the assets and liabilities of High and Dry Delivery service as of Sept. 30, 19x2. Also included are the revenue and expense figure of the business for September.

Delivery exp………………. 4100

Account Receivable… …1900

Account Payable………….1750

High and Dry Capital……?

Salary Expense …………….2000

Delivery Equipment………15500

Supplies…………………………600

Note Payable…………………..6000

Rent Expense…………………..500

Cash…................................750

Required

1. What type of business organization is high and dry delivery service? How can you tell?

2. Prepared the balance sheet of high and dry delivery service as of September 10, 19x2

Posted Date: Oct 19, 2021 01:08 AM

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Present below are the balance sheet of the assets and liabilities of High and Dry Delivery service

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