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Account Title Debit Credit Cash $ 9,600 Accounts receivable 23,500 Office supplies 6,160 Trucks 162,000 Accumulated depreciationTrucks $ 33,372 Land 49,000 Accounts payable 13,600 Interest
Account Title | Debit | Credit | ||||
Cash | $ | 9,600 | ||||
Accounts receivable | 23,500 | |||||
Office supplies | 6,160 | |||||
Trucks | 162,000 | |||||
Accumulated depreciationTrucks | $ | 33,372 | ||||
Land | 49,000 | |||||
Accounts payable | 13,600 | |||||
Interest payable | 14,000 | |||||
Long-term notes payable | 33,000 | |||||
Common stock | 19,973 | |||||
Retained earnings | 136,000 | |||||
Dividends | 26,000 | |||||
Trucking fees earned | 126,000 | |||||
Depreciation expenseTrucks | 21,525 | |||||
Salaries expense | 52,528 | |||||
Office supplies expense | 16,000 | |||||
Repairs expenseTrucks | 9,632 | |||||
Totals | $ | 375,945 | $ | 375,945 | ||
complete the balance sheet please. im not sure why i have those wrongs.
Assets Current assets Cash $ 9,600 Accounts receivable 23,500 Office supplies 6,160 (33,372) 5,888 Total current assets $ Current liabilities X Accounts payable Interest payable x 0 Liabilities Long-term liabilities Long-term notes payable x Plant assets x Trucks Accumulated depreciationTrucks Equity Common stock > 19,973Step by Step Solution
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