Prepare a December 31 balance sheet using the following select accounts and amounts. $ 30,900 4,400 5,900 Commission revenue Accounts payable Accounts receivable Total equity Equipment Advertising expense Cash Land Notes payable Supplies Salaries expense Salaries payable Building 107,200 10,900 4,100 8,400 35,900 50,900 2,400 12,900 1,900 100,900 Balance Sheet December 31
Prepare a December 31 balance sheet using the following select accounts and amounts. $ 30,900 4,400 5,900 Commission revenue Accounts payable Accounts receivable Total equity Equipment Advertising expense Cash Land Notes payable Supplies Salaries expense Salaries payable Building 107,200 10,900 4,100 8,400 35,900 50,900 2,400 12,900 1,900 100,900 Balance Sheet December 31
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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
Transcribed Image Text:Prepare a December 31 balance sheet using the following select accounts and amounts.
$ 30,900
Commission revenue
Accounts payable
Accounts receivable
4,400
5,900
Total equity
Equipment
Advertising expense
Cash
Land
Notes payable
Supplies
Salaries expense
Salaries payable.
Building
107,200
10,900
4,100
8,400
35,900
50,900
2,400
12,900
1,900
100,900
Balance Sheet
December 31
Total equity
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