Question: TechCom has provided the following selected account information, in alphabetical order, from its adjusted trial balance at October 31, 2014 (assume normal balances): Accounts receivable
TechCom has provided the following selected account information, in alphabetical order, from its adjusted trial balance at October 31, 2014 (assume normal balances):
Accounts receivable .............................................................................................. $16,400
Accumulated depreciation, equipment .................................................................. 3,800
Accumulated amortization, patent ........................................................................ 3,100
Accumulated depreciation, vehicles....................................................................... 13,800
Allowance for doubtful accounts ........................................................................... 800
Cash ..................................................................................................................... 9,000
Equipment ............................................................................................................ 25,000
Land ..................................................................................................................... 48,000
Patent ................................................................................................................... 20,100
Vehicles................................................................................................................. 62,000
Prepare the asset section of the classified balance sheet at October 31, 2014.
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