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Balance Sheet The account balances of Zenith Travel Service for the year ended August 31, 2014, are listed below. Fees earned Office expense $788,790 181,420
Balance Sheet The account balances of Zenith Travel Service for the year ended August 31, 2014, are listed below. Fees earned Office expense $788,790 181,420 Miscellaneous expense 15,775 Wages expense 378,620 Accounts receivable 55,220 19,720 146,310 252,000 9,465 Accounts payable Cash Land Supplies Megan Cox, the owner, invested an additional $47,300 in the business during the year and withdrew cash of $30,000 for personal use. Megan Cox, capital as of September 1, 20Y3, was $213,000. Prepare a report form balance sheet as of August 31, 2014, When entering assets, enter them in order of liquidity. Zenith Travel Service Balance Sheet August 31, 2014 Assets 00 Land Supplies 252,000 9,465 Megan Cox, the owner, invested an additional $47,300 in the business during the year and withdrew cash of $30,000 for personal use. Megan Cox, capital as of September 1, 20Y3, was $213,000. Prepare a report form balance sheet as of August 31, 2014. When entering assets, enter them in order of liquidity. Zenith Travel Service Balance Sheet August 31, 2014 Assets Total assets Liabilities Owner's Equity Total liabilities and owner's equity 100 0
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