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can someone help me solve this please 7. TechCom has provided the following selected account information, in alphabetical order, from its adjusted trial balance at
can someone help me solve this please 7. TechCom has provided the following selected account information, in alphabetical order, from its adjusted trial balance at October 31, 2017. All balances are normal. Accounts receivable $16,400 Accumulated depreciation, equipment 3,800 Accumulated depreciation, patent 3,100 Accumulated depreciation, vehicles 13,800 Allowance for doubtful accounts 800 Cash 9,000 Equipment 25,000 Land 48,000 Patent 20,100 Vehicles 62,000 Required: Prepare the Asset section of the classified balance sheet for TechCom at October 31, 2017 (10 marks) 8. What characteristics of a property, plant, and equipment item make it different from other assets, such as accounts receivable or inventory? (2 marks) 9. What is the impact on the income statement and on the balance sheet between a subsequent expenditure treated as a revenue expenditure versus a capital expenditure
can someone help me solve this please
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