These items are taken trom The tinaneial.E2-5statements of Donavan Co. at Deember 31, 2014Building¥ 1,05,80012,600Accounts receivableBepoid InsuraneeCaih3,20011,840.82,400EquipmentL'andInsurance xpenseDepredation expenseintert expenseCommonstockRJained earudng (Tonoarne 1,2014) 40,00oAccumulated Depation - BuildiugAccounts payable.NoTes poyableAccomcelated Daprecdation- Equip mentlntesut beyyableSeovice sevenue61,20078053002,60060,00045 6009,50093,60018,7203,60014,700Instructions:Bepase13,600 O The note payable will be paidin 2015.classified balouce sheet. Assume That- RTained egrnings 46020 at The end of The year.

Financial Statement:- These are statements prepared at the end of the financial year to know the…

E2-5. These items are taken prom The tinamcial. statemeuts of Donavan C6. at Deembesa 31, 2014 from Building 1,05,800 Accounts recuivable Bepoid nsovane Caih 12,600 3,200 11,840 82,400. Fquipment L'and Insurance expense. Depedotion ixpense intest expunse Lommonstock RJained earuing ( Accumulated Debedration Accounts payable. NoTes pojable Accumeelated Def Interuit 61,200 780 5,300 2,600 Jonuory 1,2014) - Building 60,000 40,000 45 600 9,500 93,600 18,720 3,600 14,700 Daprectotion-Equip meat payable. Seovice sevanue Instroctions: Prepave a 13,600 o The note bayable in 2015. classified balauce shut. Assume That will be baid ReTained egrnings 46020 at The end. of The year-

E2-5. These items are taken prom The tinamcial. statemeuts of Donavan C6. at Deembesa 31, 2014 from Building 1,05,800 Accounts recuivable Bepoid nsovane Caih 12,600 3,200 11,840 82,400. Fquipment L'and Insurance expense. Depedotion ixpense intest expunse Lommonstock RJained earuing ( Accumulated Debedration Accounts payable. NoTes pojable Accumeelated Def Interuit 61,200 780 5,300 2,600 Jonuory 1,2014) - Building 60,000 40,000 45 600 9,500 93,600 18,720 3,600 14,700 Daprectotion-Equip meat payable. Seovice sevanue Instroctions: Prepave a 13,600 o The note bayable in 2015. classified balauce shut. Assume That will be baid ReTained egrnings 46020 at The end. of The year-

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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Kindly put this in a general ledger sheet. Thankyou.
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