Business expenses Opening ceremony Decoration- $3800 Tent rental-$2500 Marketing- $5000 Human resource Id holders( uniform)- $2, 397.75 Employee transportation- $2300 Production/ manufacturing Products that were on display- $11,500

Business expenses Opening ceremony Decoration- $3800 Tent rental-$2500 Marketing- $5000 Human resource Id holders( uniform)- $2, 397.75 Employee transportation- $2300 Production/ manufacturing Products that were on display- $11,500

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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Question

Business expenses
Opening ceremony
Decoration- $3800
Tent rental-$2500
Marketing- $5000
Human resource
Id holders( uniform)- $2, 397.75
Employee transportation- $2300
Production/ manufacturing
Products that were on display- $11,500
Required:
A. Create a balance sheet

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