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CLASSIFIED (Current vs Non-Current) Balance Sheet as of 12/31/2021 Account Description $34.200 Cash 18,000 1,000 Accounts Receivable Office Supplies Prepaid Insurance 4,800 215,000 43,000 16,300
CLASSIFIED (Current vs Non-Current) Balance Sheet as of 12/31/2021 Account Description $34.200 Cash 18,000 1,000 Accounts Receivable Office Supplies Prepaid Insurance 4,800 215,000 43,000 16,300 5,500 Store Equipment Accumulated Depreciation Store Equipment Accounts Payable Salaries Payable Long-term Notes Payable Common Stock Retained Earnings, Beginning Dividends 8,000 72,000 60,000 5,000 Service Revenue 215.000 36,000 60,000 Depreciation Expense - Store Equipment Salary Expense Rent Expense - Office Space Advertising Expense Utilities Expense - Office Space 18,000 20,000 6.000 Interest Expense 1,200 Maintenance & Repairs Expense 600 0/1 pts Question 9 Total Shareholders' Equity was: $200,200 D $72,000 $128,200 $132,000 0/1 pts ct Question 10 Liabilities + Shareholders' Equity totaled: $230,000 $200,200 $235.000 $161,800
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