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create a balance sheet Question 1 The balance sheet items for the ELD Engineering Co. (arranged in alphabetical order) were as follows at April 17.
create a balance sheet
Question 1 The balance sheet items for the ELD Engineering Co. (arranged in alphabetical order) were as follows at April 17. 2020. Accounts Payable Accounts Receivable Building Capital Stock Cash Computers & Laptops 33,000.00 24,200.00 110,000.00 500,000.00 764.100.000 12,000.00 Equipment and Fixtures Land Notes Payable Salaries Payable Supplies Vehicles 35,000.00 250,000.00 60,000.00 t 45,700.00 25,000.00 50,000.00 3 During the next few days, the following transactions occurred: 3 Apr.22 One of the company cars and two laptops are sold to make a 12.000 partial payment of salaries. The car is sold for for 10.000 t and the the laptops are sold for 5.700. Apr.24 Additional capital stock was sold to the shareholders for 30.000 . Therefore, Cash was received. The accounts payable were paid in full. (No payment was made on the notes payable or salaries payable.) Apr.25 Equipment was purchased at a cost of $6.000 to be paid within 30 days. Supplies were purchased for $1.000 cash from an online supply center. These supplies would have cost $2.000 if purchased through normal channels. Question 1 The balance sheet items for the ELD Engineering Co. (arranged in alphabetical order) were as follows at April 17. 2020. Accounts Payable Accounts Receivable Building Capital Stock Cash Computers & Laptops 33,000.00 24,200.00 110,000.00 500,000.00 764.100.000 12,000.00 Equipment and Fixtures Land Notes Payable Salaries Payable Supplies Vehicles 35,000.00 250,000.00 60,000.00 t 45,700.00 25,000.00 50,000.00 3 During the next few days, the following transactions occurred: 3 Apr.22 One of the company cars and two laptops are sold to make a 12.000 partial payment of salaries. The car is sold for for 10.000 t and the the laptops are sold for 5.700. Apr.24 Additional capital stock was sold to the shareholders for 30.000 . Therefore, Cash was received. The accounts payable were paid in full. (No payment was made on the notes payable or salaries payable.) Apr.25 Equipment was purchased at a cost of $6.000 to be paid within 30 days. Supplies were purchased for $1.000 cash from an online supply center. These supplies would have cost $2.000 if purchased through normal channels Step by Step Solution
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