Sunshine Sushi, a Japanese restaurant, has the following adjusted trial balance with accounts listed in alphabetical orde the bank loan, $79,100 is due in 2024. For Notes receivable, $44,750 will be collected in 2024. Account title Accounts payable Accumulated depreciation, equipment Accumulated depreciation, furniture Bank loan Cash Equipment Operating expenses Furniture Merchandise Inventory Natsuki Miyakawa, capital Natsuki Miyakawa, withdrawal Notes receivable Revenue Wages payable Total Debit $181,000 426,375 34,300 154,000 32,750 7,000 87,500 Credit $ 39,975 113,700 57,750 567,000 42,500 73,250 28,750 $922,925 $922,925 Exit Using the template provided, prepare a classified balance sheet for the year-ended December 31, 2023

Sunshine Sushi, a Japanese restaurant, has the following adjusted trial balance with accounts listed in alphabetical orde the bank loan, $79,100 is due in 2024. For Notes receivable, $44,750 will be collected in 2024. Account title Accounts payable Accumulated depreciation, equipment Accumulated depreciation, furniture Bank loan Cash Equipment Operating expenses Furniture Merchandise Inventory Natsuki Miyakawa, capital Natsuki Miyakawa, withdrawal Notes receivable Revenue Wages payable Total Debit $181,000 426,375 34,300 154,000 32,750 7,000 87,500 Credit $ 39,975 113,700 57,750 567,000 42,500 73,250 28,750 $922,925 $922,925 Exit Using the template provided, prepare a classified balance sheet for the year-ended December 31, 2023

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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