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Cash 10000 receivable 28000 20000 25000 55000 cost of good payable to suppliers Inventory Expenses payable rent paid prepaid rent 5000 5000 2000 tax 2500

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Cash 10000 receivable 28000 20000 25000 55000 cost of good payable to suppliers Inventory Expenses payable rent paid prepaid rent 5000 5000 2000 tax 2500 loans 30000 capital 25000 2000 6000 25000 wages accumulation. depr. computers equipment computers account. depr equipments retained Earrnings 25000 8000 22000 revenue 50000 other operating expenses 1500 ** Prepare balance sheet and income statement

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