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Balance sheet and income statements amounts as of December 31, 2008 for Lesleys Tutoring Service are listed below. Prepare a balance sheet and income statement
Balance sheet and income statements amounts as of December 31, 2008 for Lesleys Tutoring Service are listed below. Prepare a balance sheet and income statement in good form. Supplies $1,000 Revenues $23,000 Rent expense 12,000 Cash 15,000 Accounts payable 9,000 Drawings 1,000 Accounts receivable 3,000 Notes payable 1,000 Depreciation expense 5,000 Equipment 6,000 Supplies expense 2,000 Building 16000 Inventory 1,800 Tax payable 960 Prepaid Rent 1,500 Lesley, Capital ?
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