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2022. All accounts have their normal balances. Cash Account Receivable Accounts Payable Supplies Long-term investment Equipment $90,000 Accumulated Depreciation, Equipment 96,000 Bank Loan Payable
2022. All accounts have their normal balances. Cash Account Receivable Accounts Payable Supplies Long-term investment Equipment $90,000 Accumulated Depreciation, Equipment 96,000 Bank Loan Payable 90,000 150,000 30,000 Inventory 2,000 Common Shares 80,000 Retained Earnings 300,000 Salaries Payable + 60,000 250,000 100,000 8,000
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