Accounts Payable Accounts Receivable P 122,500 219,000 Accumulated Depreciation-Building Accumulated Depreciation-Equipment Advertising Expense Art Revenues Building Cash Depreciation Expense-Building Depreciation Expense-Equipment Equipment Interest Expense Land 60,000 60,000 105,000 1,437,500 450,000 36,200 30,000 30,000 217,000 37,000 120,000 Miscellaneous Expense Mortgage Payable Notes Payable Office Supplies Blanche, Capital, 1/1/2009 Blanche, Withdrawals 24,600 395,000 213,000 17,200 50,500 148,600 Representation Expense 164.000

Accounts Payable Accounts Receivable P 122,500 219,000 Accumulated Depreciation-Building Accumulated Depreciation-Equipment Advertising Expense Art Revenues Building Cash Depreciation Expense-Building Depreciation Expense-Equipment Equipment Interest Expense Land 60,000 60,000 105,000 1,437,500 450,000 36,200 30,000 30,000 217,000 37,000 120,000 Miscellaneous Expense Mortgage Payable Notes Payable Office Supplies Blanche, Capital, 1/1/2009 Blanche, Withdrawals 24,600 395,000 213,000 17,200 50,500 148,600 Representation Expense 164.000

Name: Accounts PayableP 122,500Accounts Receivable219,000Accumulated Deprec
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Description: Accounts PayableP 122,500Accounts Receivable219,000Accumulated Depreciation-BuildingAccumulated Depreciation-EquipmentAdvertising Expense60,00060,000105,000Art Revenues1,437,500BuildingCash450,00036,200Depreciation Expense-BuildingDepreciation Expen

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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