Answered step by step
Verified Expert Solution
Link Copied!

Question

...
1 Approved Answer

Balance Sheet in good formfor the month ended Oct 31.? MARK COMPANY ADJUSTED TRIAL BALANCE OCTOBER 31, 2019 Cash 14,250 Accounts receivable 1,200 Accounts payable

Balance Sheet in good formfor the month ended Oct 31.?

MARK COMPANY

ADJUSTED TRIAL BALANCE

OCTOBER 31, 2019

Cash 14,250

Accounts receivable 1,200

Accounts payable 1,750

Dividends 500

Prepaid insurance 550

Investment 10,000

Accumulated depreciation-

equipment 83

Interest expense 25

Notes payable 5,000

Depreciation expense 83

Insurance expense 50

Salaries payable 800

Salaries expense 4,800

Interest payable 25

Supplies 1,000

Service revenue 11,400

Rent expense 900

Unearned revenue 800

Equipment 5,000

Supplies expense 1,500

$29,858 $29,858

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Elementary Statistics

Authors: Robert R. Johnson, Patricia J. Kuby

11th Edition

9780538733502

Students also viewed these Accounting questions