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Below is Galt Services financial accounting information for the year ending June 30, 2016. Cash $8,790 Equipment $36,440 Accounts Payable $ 4,130 Accounts Receivable $
Below is Galt Services financial accounting information for the year ending June 30, 2016. Cash $8,790 Equipment $36,440 Accounts Payable $ 4,130 Accounts Receivable $ 3,280 Accumulated Depreciation $790 Unearned Revenue $ 610 Inventory $7,840 Prepaid Insurance $ 2,660 Bank Loan $ 30,000 Presto, Capital $ 23,480 The bank loan is payable over 3 years and $10,000 will be paid by June 30, 2017. Required Prepare a classified balance sheet using the balances listed above. Do not enter dollar signs or commas in the input boxes. For accumulated depreciation do not enter a negative sign.belore the number Select accounts according to their classification. If more than one account is used under a classification center them in the der of appearance in the list above. For example, if cash and accounts receivable are both current assets. choose cash for the first drop down menu and accounts receivable for the second, e to search
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