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additional activity please help Activity 2A. Preparation of Statement of Financial Position (Sole Proprietorship). Prepare the Statement of Financial Position (in good form) using Report
additional activity please help
Activity 2A. Preparation of Statement of Financial Position (Sole Proprietorship). Prepare the Statement of Financial Position (in good form) using Report Form Format and Account Form Format. Classify proper assets and liabilities as current or noncurrent. The account balances of Marife Sarmiento, CPA Firm are as follows: 63500 198000 110000 120000 1361500 750000 118500 55000 60000 Accounts Payable Accounts Receivable Accumulated Depreciation-Building Accumulated Depreciation Office Equipment Auditing Revenues Building Cash Depreciation Expense -Building Depreciation Expense-Office Equipment Sarmiento Capital, 1/1/2020 Sarmiento, Withdrawals Land Notes Receivable Office Equipment Office Supplies Expense Office Supplies Professional Development Expense Rent Expense Salaries Expense 1193500 165000 75000 60000 362500 96000 28000 86500 52500 735000 Salaries Payable Travel Expenses Utilities Expense 30500 41000 18000Step by Step Solution
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