Using the following accounts in Table (1) below, prepare a Balance Sheet for Bali Tour Sdn.Bhd. as at 31.12.2012. Long term liabilities S1,275,000 | Paid in Capital $3,000,000 Other Current Liability Accumulated Depreciation 1,590,000 1,185,000 Building 3,250,000 Inventories 380,000 Account Payable 1,460,000 Common Stock 750,000 Cash 587,500 Land 1,957,500 Furnishing and Equipment 1,850,000 Account 675,000 Receivables Notes Payable 335,000 Prepaid insurance 170,000 Marketable 840,000 Retained Earnings 115,000 Securities

Using the following accounts in Table (1) below, prepare a Balance Sheet for Bali Tour Sdn.Bhd. as at 31.12.2012. Long term liabilities S1,275,000 | Paid in Capital $3,000,000 Other Current Liability Accumulated Depreciation 1,590,000 1,185,000 Building 3,250,000 Inventories 380,000 Account Payable 1,460,000 Common Stock 750,000 Cash 587,500 Land 1,957,500 Furnishing and Equipment 1,850,000 Account 675,000 Receivables Notes Payable 335,000 Prepaid insurance 170,000 Marketable 840,000 Retained Earnings 115,000 Securities

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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