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Balance Sheet Vetem 4 Credit Credit 2019 Debit 32,000 6,000 6,500 13,000 2020 Debit 42.000 6,000 8,000 18,000 2,400 4,800 3,000 2,000 5 Account Titles
Balance Sheet
Vetem 4 Credit Credit 2019 Debit 32,000 6,000 6,500 13,000 2020 Debit 42.000 6,000 8,000 18,000 2,400 4,800 3,000 2,000 5 Account Titles 6 Cash 7 Accounts receivable 8 Supplies 9 Equipment 10 Accumulated depreciation 11 Other assets 12 Accounts payable 13 Wages payable 14 Interest payable 15 Income taxes payable 16 Long-term notes payable 17 Common stock (60,000 shrs outstanding 18 Retained earnings 19 Service revenue 20 Wares expense 21 Supplies expense 22 Depreciation expense 23 Interest expense 24 Income tax expense 25 Totals 15,000 5,000 200 1.600 10,000 20,000 12.000 3,200 600 3,825 10,000 20,000 4,200 55,000 5 Cash 6 Accounts 7 Supplies 8 Total Cup 9 10 Equipment 11 Accumulat 12 Other ass 13 Total Ast 14 15 Accounts 16 Wages pay 17 Interest pa 18 Income ta 19 Total Curs 20 21 Long term 22 Total La 23 24 Commons 25 Retained 26 Total Sta 54,000 28.000 15,500 2.400 200 1.600 108.24 23,000 10.000 2.400 400 3,025 101209 Step by Step Solution
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