Give me answer within an hour I will give you positive rating immediately ...Make a balance sheet .... PT. LIGHT OF THE MONTH which has not been prepared in accordance with accounting principles.(in Thousands of Rupiah)No.AccountNominal1 Paid-up capital2.500.0002 Cost of Selling1.550.0003 Merchandise Inventory1.775.5004 Rental Income80.0005 Income Tax125.0006 Land8.700.0007 Interest Load445.0008 Accumulated Building Depreciation1.000.0009 Cost of goods sold14.700.00010 Bond debt4.900.00011 Vehicles1.300.00012 General and Administrative Expenses840.00013 Accounts500.000Payable 14 Dividend Income170.00015 Notes Payable200.00016 Accumulated Machine Depreciation17 Mortgage Debt5.000.00018 What1.400.00019 Retained Earnings5.500.00020 Sales revenue18.000.00021 Machine22 Accounts Receivable500.00023 Accumulated depreciation of vehicles100.00024 Bank Debt600.00025 Equipment7.50026 Building6.600.00090.00027 Losses on Machine Sales28 Prepaid Insurance17.000Question:Based on the above financial data, prepare the balance sheet of PT. LIGHT OF THE MOON in theform of a discount for the position on December 31, 2020.0ol

Balance sheet is the one of the financial statements which are prepared by the company in order to…

Answered: Make a balance sheet

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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Give me answer within an hour I will give you positive rating immediately ... Make a balance sheet ....

PT. LIGHT OF THE MONTH which has not been prepared in accordance with accounting principles.
(in Thousands of Rupiah)
No.
Account
Nominal
1 Paid-up capital
2.500.000
2 Cost of Selling
1.550.000
3 Merchandise Inventory
1.775.500
4 Rental Income
80.000
5 Income Tax
125.000
6 Land
8.700.000
7 Interest Load
445.000
8 Accumulated Building Depreciation
1.000.000
9 Cost of goods sold
14.700.000
10 Bond debt
4.900.000
11 Vehicles
1.300.000
12 General and Administrative Expenses
840.000
13 Accounts
500.000
Payable 14 Dividend Income
170.000
15 Notes Payable
200.000
16 Accumulated Machine Depreciation
17 Mortgage Debt
5.000.000
18 What
1.400.000
19 Retained Earnings
5.500.000
20 Sales revenue
18.000.000
21 Machine
22 Accounts Receivable
500.000
23 Accumulated depreciation of vehicles
100.000
24 Bank Debt
600.000
25 Equipment
7.500
26 Building
6.600.000
90.000
27 Losses on Machine Sales
28 Prepaid Insurance
17.000
Question:
Based on the above financial data, prepare the balance sheet of PT. LIGHT OF THE MOON in the
form of a discount for the position on December 31, 2020.
0
ol

Definition Definition Financial statement that provides a snapshot of an organization's financial position at a specific point in time. It summarizes a company's assets, liabilities, and shareholder's equity, detailing what the company owns, what it owes, and what is left over for its owners. The balance sheet serves as a crucial tool to assess the financial health and stability of a company, as well as to help management make informed decisions about its future investments and financial obligations.

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