Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Create A Balance Sheet H Candy Company Balance Sheet June 30, 2020 Assets Liabilities and Owner's Equity 2 M N O cent come OF Trance

image text in transcribed
image text in transcribed
Create A Balance Sheet
image text in transcribed
image text in transcribed
H Candy Company Balance Sheet June 30, 2020 Assets Liabilities and Owner's Equity 2 M N O cent come OF Trance OF 54000 1.000 Attes C Ats Allowance for Double 54000 GE000 18 3.250 Candy Company Wor for the year 2010 Autres AdB 06 5400 CSDD 2.30a 3.250 13.100 7700 24100 10.100 7,500 7.500 TE000 160.000 70 430 120.000 3.00 54.100 31.000 16 500 35.000 15.000 7.000 160.000 Pragare Prepaidat 3.200 10 500 2.500 P8000 160.000 55. 82.400 sutaingi Arm. Den pers 12:00 124000 57.100 10 STR.000 E000 31000 6.000 1. Ah Uned si 7.100 3600 1.25 1.925 41 2010 4,00 1,931 4710 55.000 90.000 15,000 55.000 90.000 45.000 90.000 45.000 sawit War Mertrage Payable Shock 51 Pendin Capital Inc Dedende Rendamine home Sales 15.000 15.000 35.000 378.500 500 378.900 1000 3500 185.000 32.000 1800 40 3.500 3.500 2300 115.00 12.300 12210 24300 11100 12300 e 13. 200 7,350 20 12,300 87.250 24300 12 13.200 2110 13 10 26.100 24500 5535 1.131035 Sward Wapes Espere Mit und Repair Advertisin Eapense Depreciation Experte Bat Debtspere unities Expense entrepen Insurance apente interest Ben Tata Net Income Tot 12 300 S60D 1010 7.500 24.500 1925 720 13350 26.300 34.500 5.535 22.11g 157.65 385.000 385.000 3.600 1071 1,131,075 103,700 72.075 1.107.100 746,075 117,625 901,700 + het Income Statement Balance Sheet State of Retained Earnings OCOL DEL ho Account Tiles 0 Wor For the 30, 2030 Ahd boce o 36000 65.000 Trance D 54.000 65.000 . 54000 63.000 Account cevable ancov 2.50 OSET OSCE 16.00 12.00 000 SE Dont 10.50 70 Pendant ole 2.700 10 500 7.300 000 16000 15.000 70.000 100 000 0 100 COS 27.00 3400 124000 10 17400 DS S100 NO DO TE 0001 110.000 2.000 GO 000 1010 41.000 7.500 3.000 10 19 TISET OT 1,935 4.75 55.000 90.000 45.000 V 00006 55.000 55.000 0.000 45.000 45 35,000 15 000 15.000 000 E 370.000 le Am Depreciation Lament A Barton Ongel PETER Accountable inter Payable saries and we Mont Payable Common Stock 151 parl Paidin Capitalinows Dividends Retained in income Suary Sales Revenue Supplies apente Salaries and Waispense Maint and Repairs Advertisin Expanse Depreciation Experie Bad Debt Copene Uties Cape Rent Expense surance Espen interest Expense Totals 373.900 3.000 385.000 385.000 30.000 D 12.100 13.100 4750 87.250 17.300 12,250 3,500 2500 24.100 13500 DET 24300 100 13.00 e 13.200 2 12 300 2 2010 100 7,500 24.500 1935 72.075 2350 13150 26.100 24.500 5535 1,131,075 31.500 13.300 2350 13,150 26.100 24500 5.525 22335 157.95 DOLEOS 185.000 1,111,015 1600 1,107.800 72.075 1.107.100 15A 103,700 090 STE Assets Current assets Cash Notes receivable Accounts receivable Interest receivable Less: Allowance for doubtful accounts Inventory Prepaid insurance Prepaid rent Total current assets Property, plant, and equipment Equipment Less: Accumulated depreciation-equipment Total property, plant, and equipment Total assets Liabilities and Stockholders' Equity Current liabilities Notes payable Accounts payable Property taxes payable Income taxes payable Total current liabilities Long-term liabilities Bonds payable, due June 30, 2028 Total liabilities Stockholders' equity Common stock, $5.00 par value, issued and outstanding, 10,000 shares Retained earnings Total stockholders' equity Total liabilities and stockholders' equity H Candy Company Balance Sheet June 30, 2020 Assets Liabilities and Owner's Equity 2 M N O cent come OF Trance OF 54000 1.000 Attes C Ats Allowance for Double 54000 GE000 18 3.250 Candy Company Wor for the year 2010 Autres AdB 06 5400 CSDD 2.30a 3.250 13.100 7700 24100 10.100 7,500 7.500 TE000 160.000 70 430 120.000 3.00 54.100 31.000 16 500 35.000 15.000 7.000 160.000 Pragare Prepaidat 3.200 10 500 2.500 P8000 160.000 55. 82.400 sutaingi Arm. Den pers 12:00 124000 57.100 10 STR.000 E000 31000 6.000 1. Ah Uned si 7.100 3600 1.25 1.925 41 2010 4,00 1,931 4710 55.000 90.000 15,000 55.000 90.000 45.000 90.000 45.000 sawit War Mertrage Payable Shock 51 Pendin Capital Inc Dedende Rendamine home Sales 15.000 15.000 35.000 378.500 500 378.900 1000 3500 185.000 32.000 1800 40 3.500 3.500 2300 115.00 12.300 12210 24300 11100 12300 e 13. 200 7,350 20 12,300 87.250 24300 12 13.200 2110 13 10 26.100 24500 5535 1.131035 Sward Wapes Espere Mit und Repair Advertisin Eapense Depreciation Experte Bat Debtspere unities Expense entrepen Insurance apente interest Ben Tata Net Income Tot 12 300 S60D 1010 7.500 24.500 1925 720 13350 26.300 34.500 5.535 22.11g 157.65 385.000 385.000 3.600 1071 1,131,075 103,700 72.075 1.107.100 746,075 117,625 901,700 + het Income Statement Balance Sheet State of Retained Earnings OCOL DEL ho Account Tiles 0 Wor For the 30, 2030 Ahd boce o 36000 65.000 Trance D 54.000 65.000 . 54000 63.000 Account cevable ancov 2.50 OSET OSCE 16.00 12.00 000 SE Dont 10.50 70 Pendant ole 2.700 10 500 7.300 000 16000 15.000 70.000 100 000 0 100 COS 27.00 3400 124000 10 17400 DS S100 NO DO TE 0001 110.000 2.000 GO 000 1010 41.000 7.500 3.000 10 19 TISET OT 1,935 4.75 55.000 90.000 45.000 V 00006 55.000 55.000 0.000 45.000 45 35,000 15 000 15.000 000 E 370.000 le Am Depreciation Lament A Barton Ongel PETER Accountable inter Payable saries and we Mont Payable Common Stock 151 parl Paidin Capitalinows Dividends Retained in income Suary Sales Revenue Supplies apente Salaries and Waispense Maint and Repairs Advertisin Expanse Depreciation Experie Bad Debt Copene Uties Cape Rent Expense surance Espen interest Expense Totals 373.900 3.000 385.000 385.000 30.000 D 12.100 13.100 4750 87.250 17.300 12,250 3,500 2500 24.100 13500 DET 24300 100 13.00 e 13.200 2 12 300 2 2010 100 7,500 24.500 1935 72.075 2350 13150 26.100 24.500 5535 1,131,075 31.500 13.300 2350 13,150 26.100 24500 5.525 22335 157.95 DOLEOS 185.000 1,111,015 1600 1,107.800 72.075 1.107.100 15A 103,700 090 STE Assets Current assets Cash Notes receivable Accounts receivable Interest receivable Less: Allowance for doubtful accounts Inventory Prepaid insurance Prepaid rent Total current assets Property, plant, and equipment Equipment Less: Accumulated depreciation-equipment Total property, plant, and equipment Total assets Liabilities and Stockholders' Equity Current liabilities Notes payable Accounts payable Property taxes payable Income taxes payable Total current liabilities Long-term liabilities Bonds payable, due June 30, 2028 Total liabilities Stockholders' equity Common stock, $5.00 par value, issued and outstanding, 10,000 shares Retained earnings Total stockholders' equity Total liabilities and stockholders' equity

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Remote Auditing A Quick And Easy Guide For Management System Auditors

Authors: Denise Robitaille

1st Edition

1932828311, 978-1932828313

More Books

Students also viewed these Accounting questions