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Can you help prepair the balance sheet? Sales Revenue Rent Revenue Bad Debt Expense Interest Expense Cost of Goods Sold Depreciation Expense Other Operating Expenses
Can you help prepair the balance sheet?
Sales Revenue Rent Revenue Bad Debt Expense Interest Expense Cost of Goods Sold Depreciation Expense Other Operating Expenses Salaries and Wages Expense Total Unrecorded transactions and adjustments: -O- 448,000 43,680 72,800 $899,584 638,400 -O- $899,584 Question 1 of 1 ion 1 of 1 eTextbook and Media List of Accounts Save for Later Liabilities and Stockholders' Equity S I. 2. 3. 4. 5. 6. 7. 8. 9. Cash On January I, 2022, Pharoah issued 1, 120 shares of $20 par. 6% preferred stock for $24,640. On January 1, 2022, Pharoah also issued 1,120 shares of common stock for $25,760. Pharoah reacquired 336 shares of its common stock on July I, 2022, for $49 per share. On December 31, 2022. Pharoah declared the annual cash dividend on the preferred stock and a $1.50 per share dividend on the outstanding common stock, all payable on January 15, 2023. Pharoah estimates that uncollectible accounts receivable at year-end are $5,712. The building is being depreciated using the straight-line method over 30 years. The salvage value is $5,600. The equipment is being depreciated using the straight-line method over 10 years. The salvage value is $4,480. The unearned rent was collected on October I, 2022. It was receipt of 4 months' rent in advance (October 1, 2022 through January 31, 2023). The 10% bonds payable pay interest every January I. The interest for the 12 months ended December 31, 2022. has not been paid or recorded. Accounts Receivable Inventory Land Buildings Equipment Allowance for Doubtful Accounts Accumulated DepreciationBuildings Accumulated DepreciationEquipment Debit $28,560 57,120 25,424 72,800 106,400 44,800 Credit $504 33,600 16,128 21.616 -o- -O- 8,960 56,000 -o- -o- 33,600 6.720 84,056 $1 0.8 / 1 Accounts Payable Interest Payable Dividends Payable Unearned Rent Revenue Bonds Payable (10%) preferred Stock ($20 par) Preferred Stock Paid-in Capital in Excess of Par Common Stock (S 10 par) Common Stock Paid-in Capital in Excess of Par Retained Earnings -o- Treasury Stock areetassihdbatarvcesheeeas otoecernberamortjsecurrenussetsqnorderor Equipment in order of Land, Buildings and Equipment. Enter account name only and do not provide descriptive information.) PHAROAH CORPORATION Balance Sheet For the Year Ended December 31.2022 Attempts: unlimited Submit Answer
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