Question
3) BOOER COMPANY Worksheet (partial) For the Year Ended December 31, 2018 Income Statement Balance Sheet Accounts Debit Credit Debit Credit Cash 8,000 Accounts Receivable
3)
BOOER COMPANY
Worksheet (partial)
For the Year Ended December 31, 2018
|
| Income Statement | Balance Sheet | ||||
| Accounts | Debit | Credit | Debit | Credit | ||
| Cash |
|
|
|
| 8,000 |
|
| Accounts Receivable |
|
|
|
| 26,000 |
|
| Supplies |
|
|
|
| 4,500 |
|
| Prepaid Insurance |
|
|
|
| 7,000 |
|
| Equipment |
|
|
|
| 41,000 |
|
| Accumulated DepreciationEquipment |
|
|
|
|
| 4,800 |
| Patents |
|
|
|
| 7,500 |
|
| Accounts Payable |
|
|
|
|
| 22,200 |
| Notes Payable (due 2020) |
|
|
|
|
| 20,000 |
| Owners Capital |
|
|
|
|
| 47,000 |
|
|
|
|
|
|
|
|
| Totals |
|
|
|
| 94,000 | 94,000 |
Instructions
Prepare a classified balance sheet for Booer Company.
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Japanese Management Accounting Today Japanese Management And International Studies Volume 2
Authors: Masanobu Kosuga, Yasuhiro Monden, Shufuku Hiraoka, Yoshiyuki Nagasaka, Noriko Hoshi
1st Edition
9812700811, 978-9812700810
