this is what I have...
Assets
Current Assets
Cash19,600.00
Accounts Receivable7,000.00
Supplies600.00
Prepaid Insurance450.00
Total Current Assets27,650.00
Equipment (net of
accumulated
depreciation of XXX)3,000.00
Other Assets5,100.00
Total Assets35,750.00
Liabilities and
Stockholders’ Equity
Current Liabilities
Accounts Payable2,500.00
Wages Payable1,100.00
Income Taxes Payable2,950.00
Total Current Liabilities 6,550.00
Note Payable (2 years;
12% interest due
each December 31)5,000.00
Total Liabilities11,550.00
Stockholders’ Equity
Contributed Capitol16,000.00
Retained Earnings10,300.00
Total Stockholders’ Equity16,300.00
Total Liabilities and
Stockholders Equity27,850.00
更新1:
Here is the adjusted sheet....
更新2:
AccountDebitCredit Cash19,600 Account Recievable7,000 Supplies1,300 Prepaid Insurance900 Equipment27,000 Accumulated Depreciaion, equipment12,000 Other Assets5,100 Accounts Payable2,500 Wages Payable Income taxes payable Note Payable (2 years; 12% interest due each Decemeber 31)5,000 Contributed Capitol (4,000 shares outstanding)16,000 Retained Earnings10,300 Service Revenue48,000 Remaining Expenses (not detailed; excludes income tax)32,900 Income tax expense Depreciation expense supplies expense Insurance expense Wage Expense Total93,80093800
更新3:
If someone could IM me : TigerSnw86 I can send you the 2 sheets and I'll pick you for best answer if you help me pleaseee
