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Can someone help me do this balance sheet with the following information? Answer is not complete. WELLS TECHNICAL INSTITUTE Balance Sheet cember 31, 2013 Assets
Can someone help me do this balance sheet with the following information?
Answer is not complete. WELLS TECHNICAL INSTITUTE Balance Sheet cember 31, 2013 Assets Cash Accounts receivable Teaching supplies Prepaid insurance Prepaid rent Accumulated depreciation-Professional library Equipment Accumulated depreciation-Equipment Total Assets $ 50,000 11,500 3,600 10,400 20,400 (20,400) 96,000 31,400 64,600 $119,700 Liabilities Accounts payable Salaries payable Unearned training fees 43,600 1,040 12,300 Total Liabilities 56,940 Equity 26,000 87,760 Common stock Retained earnings lotal Liabilities and Equity $170,700Step by Step Solution
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