Accounts Equipment Accounts payable. Salaries expense Common stock Land Notes payable Service revenue Cash Retained earnings Balances $19,000 1,600 26,000 12,000 11,000 13,000 32,000 4,600 Required: Use only the appropriate accounts to prepare a balance sheet

Survey of Accounting (Accounting I)
8th Edition
ISBN:9781305961883
Author:Carl Warren
Publisher:Carl Warren
Chapter8: Liabilities And Stockholders' Equity
Section: Chapter Questions
Problem 8.1.2MBA
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Accounting

M
int
rences
Accounts
Equipment
Accounts payable
Salaries expense
Common stock
Land
Notes payable
Service revenue
Cash
Retained earnings
Total assets
Assets
Balances
Required:
Use only the appropriate accounts to prepare a balance sheet.
S
$19,000
1,600
26,000
12,000
11,000
13,000
32,000
4,600
Les at the end of the year.
GREYSON CONSTRUCTION
Balance Sheet
December 31
0
Total liabilities
Liabilities
Stockholders' Equity
Total stockholders' equity
Total liabilities and stockholders' equity
$
0
0
0
Transcribed Image Text:M int rences Accounts Equipment Accounts payable Salaries expense Common stock Land Notes payable Service revenue Cash Retained earnings Total assets Assets Balances Required: Use only the appropriate accounts to prepare a balance sheet. S $19,000 1,600 26,000 12,000 11,000 13,000 32,000 4,600 Les at the end of the year. GREYSON CONSTRUCTION Balance Sheet December 31 0 Total liabilities Liabilities Stockholders' Equity Total stockholders' equity Total liabilities and stockholders' equity $ 0 0 0
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