Question: Using the following information, prepare a year-end BALANCE SHEET for Moreland clinic as of December 31. Accounts payable $ 7,380 Accumulated Depreciation, Building $ 112,200

Using the following information, prepare a year-end BALANCE SHEET for Moreland clinic as of December 31.

Accounts payable $ 7,380
Accumulated Depreciation, Building $ 112,200
Accumulated Depreciation, Equipment $ 87,600
Building $ 339,100
Cash $ 31,520
Equipment $ 114,800
Land $ 25,000
W. Moreland, Capital $ 303,240

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