question 7

WON On November 1, 2017, Jean Higgins started a wedding planning company. Extraordinary Studios. On November 30, 2017, the company's records showed the following items. Cash $ 25,500 Accounts receivable 18.900 Office supplies 6.900 Automobiles 55,000 Office equipment 26.770 Accounts payable 9,400 Owner's investments 103.000 Owner's withdrawals 6.210 Wedding consulting revenue 41,000 Rent expense 3.500 Salaries expense 7.900 Telephone expense 1,870 Utilities expenses 850 Use the above information prepare a November 30 balance sheet for Extraordinary Studios. (Do not round Intermediate calculati EXTRAORDINARY STUDIOS Balance Sheet November 30, 2017 Assets Liabilities S Accounts payable s 9 400 Cash Accounts receivable Ofice supplies 25 500 18 900 6.900 external browser and Url https2237528252 newconnector education.com.my/shion Ch 1 Homework 7 Use the above information prepare a November 30 balance sheet for Extraordinary Studios. (Do not round intermediate calculations.) 15 points November 30, 2017 Liabilities ebook $ Accounts payable $ Assets Cash Accounts receivable Office Supplies Automobiles Office equipment Ask 9.400 25,500 18.900 6.900 55,000 Pint Equity References 26,770 Total assets $ 133 070 Total abilities and equity $ 9.400 Analysis Component: Identify how much of the assets held by Extraordinary Studios are financed by the owner, Jean Higgins Amount of assets inced by the owner