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Can someone tell me what I'm missing in the balance sheet please and thank you! On January 1, 2018, the general ledger of Dynamite Fireworks
Can someone tell me what I'm missing in the balance sheet please and thank you!
On January 1, 2018, the general ledger of Dynamite Fireworks includes the following account balances: Debit Credit $24,600 6,000 3,900 58,000 Accounts Payable Common Stock 4,000 73,000 15,500 Retained Earnings $92,500 S92,500 During January 2018, the following transactions occur: January 2 Purchase rental space for one year in advance, $8,400 January 9 Purchase additional supplies on account, $4,300. January13 Provide services to customers on account, $26,300 January17 Receive cash in advance from customers for services to be January20 Pay cash for salaries, $12,300. January22 Receive cash on accounts receivable, $24,900. January29 Pay cash on accounts payable, $4,800. The following information is available on January 31, 2018. a. Rent for the month of January has expired. b. Supplies remaining at the end of January total $3,600. c. By the end of January, $3,800 of services has been provided to customers who paid in advance on January 17 d. Unpaid salaries at the end of January are $5,240. Require...Journal er Balance Statem.. Sheet Choose the appropriate accounts to complete the company's balance sheet. Make sure to select 'adjusted' from the dropdown, which will then populate the balances in those accounts from the adjusted trial balance. Show lessA Adjusted As of Ja 31, 2018 Assets t Assets ash Accounts receivable 240 800 Liabilities Total Current Assets Total Liabilities Noncurrent Assets 58,000 22,760 Total Stockholders' Equity $ 97.500 Total Liabilities&Stockholders $ 97,200 Total AssetsStep by Step Solution
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