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Question 7) The following information is available for Keegan Technologies at December 31, 2023. $144,950 133,333 2,002 77 2,666 30,005 40,783 Interest Expense Unearned Revenue Supplies Rent Revenue Insurance Expense Accounts Receivable Prepaid Insurance Depreciation Expense Cash Equipment Land $3,654 21,150 4,440 3,210 876 20,205 3,860 5,682 Buildings Common Stock Dividends Miscellaneous Expense 46,130 69,691 ????? Interest Payable Retained Earnings, Jan. 1. Accumulated Depreciation-Buildings Service Revenue 27,810 Accounts Payable 23,754 Notes Payable 92,780 Accumulated Depreciation-Equipment 18,018 Bolante St Instructions: Prepare a classified statement of financial position (in color); assume that 40 percent of the notes payable will be paid in 2024. Note: Keegan Technologies has Land, but you will need to determine the number based on the information given.

Question 7) The following information is available for Keegan Technologies at December 31, 2023. $144,950 133,333 2,002 77 2,666 30,005 40,783 Interest Expense Unearned Revenue Supplies Rent Revenue Insurance Expense Accounts Receivable Prepaid Insurance Depreciation Expense Cash Equipment Land $3,654 21,150 4,440 3,210 876 20,205 3,860 5,682 Buildings Common Stock Dividends Miscellaneous Expense 46,130 69,691 ????? Interest Payable Retained Earnings, Jan. 1. Accumulated Depreciation-Buildings Service Revenue 27,810 Accounts Payable 23,754 Notes Payable 92,780 Accumulated Depreciation-Equipment 18,018 Bolante St Instructions: Prepare a classified statement of financial position (in color); assume that 40 percent of the notes payable will be paid in 2024. Note: Keegan Technologies has Land, but you will need to determine the number based on the information given.

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Question 7) The following information is available for Keegan Technologies at December 31, 2023. Interest Expense $144,950 133,333 Unearned Revenue Supplies 2,002 Rent Revenue Insurance Expense Accounts Receivable Prepaid Insurance Depreciation Expense $ 3,654 21,150 Cash Equipment Land 4,440 3,210 876 20,205 3,860 5,682 Buildings Common Stock Dividends Miscellaneous Expense 46,130 69,691 ????? Interest Payable Retained Earnings, Jan. 1 Accumulated Depreciation-Buildings Service Revenue Accounts Payable Notes Payable Accumulated Depreciation-Equipment Bolante Set Instructions: Prepare a classified statement of financial position (in color); assume that 40 percent of the notes payable will be paid in 2024. Note: Keegan Technologies has Land, but you will need to determine the number based on the information given. 77 2,666 30,005 40.783 27,810 23,754 92,780 18,018
Transcribed Image Text:Question 7) The following information is available for Keegan Technologies at December 31, 2023. Interest Expense $144,950 133,333 Unearned Revenue Supplies 2,002 Rent Revenue Insurance Expense Accounts Receivable Prepaid Insurance Depreciation Expense $ 3,654 21,150 Cash Equipment Land 4,440 3,210 876 20,205 3,860 5,682 Buildings Common Stock Dividends Miscellaneous Expense 46,130 69,691 ????? Interest Payable Retained Earnings, Jan. 1 Accumulated Depreciation-Buildings Service Revenue Accounts Payable Notes Payable Accumulated Depreciation-Equipment Bolante Set Instructions: Prepare a classified statement of financial position (in color); assume that 40 percent of the notes payable will be paid in 2024. Note: Keegan Technologies has Land, but you will need to determine the number based on the information given. 77 2,666 30,005 40.783 27,810 23,754 92,780 18,018
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