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can someone tell me where i went wrong? i still have a difference of $59812, and my total assets do not equal to liabilities and
can someone tell me where i went wrong? i still have a difference of $59812, and my total assets do not equal to liabilities and stockholders equity...
Pane in the Company Balance Sheet December 31, 2019 Assets Note: Be sure to fill in all of the yellow cells for the financial statements. Use the numbers from the POST closing trial balance for the values on your Balance Sheet. The order of the accounts within each section does not matter. 484,800 806,000 15,094 821,094 467 10,000 8,500 81,625 1,406,486 Current Assets Cash Accounts receivable Less: Allowance for Bad Debts i Interest Receivable Notes Receivable Prepaid Expense Inventory Total Current Assets Property and Equipment Equipment Buildings Less: Accumulated Depreciation Land Total Property and Equipment Intangible Assets Patents Less: Accumulated Amortization Total Intangible Assets 256,500 362.500 (41,400) 577,600 415,835 993,435 22,800 (50,000) (27,200) TOTAL ASSETS 2,372,721 Liabilities 300,050 Current Liabilities Accounts Payable Unearned Rent Revenue Total Current Liabilities 300,050 Total Liabilities 300,050 Stockholder's Equity Contributed Capital Common Stock APIC - Common Stock Total Contributed Capital 120,400 775,600 896,000 Retained Earnings 1,146,483 Remember: Total Assets should equal Total Liabilities + Total Equity Total Stockholder's Equity 2,042,483 TOTAL LIABILITIES AND STOCKHOLDER'S EQUITY 2,432,533 Difference (59,812)Step by Step Solution
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