Determine errors within the Balance Sheet, and provide a corrected version.
Balance Sheet Equit , APIC Aut Payalalu Liab Nestes Pupallo 550.000 Chr Pratil Was Puyallu Common Stock Niine E 550.000 S YOU $ S 52500 117 117.2501 255,000 TELELTE 512,500 2012 13 IS 1113, on om Events Asels Cath Ascle Inventury Equipment Land Building Alum Dapur 1.Acqured $550.000 by spring a note cable with a local bank S $ 550.000 2. Sald 25.003stures of 622 Commenter for $1.500,00 $ 1.500.000 13. Purchandiprent IS 1200.000) $ 200,000 4. Purchased Inventory or Account - 25.000 Unts at $1 15 per unit 28750 Sa. Sod 25.counts on Account 15 52.500 sh, xin SP Anu S 117,250 6. Collect $70.000 0 Account 70,000 170,000 7. Pad $17,250 cours Payable 15 (17 2500 8. Purchanditoryo Alcount - 170.000 Lnils at $1.50 per unit S 255,00 Sa. Said 175.000 units at $350 on Account $ 612.500 S.COES for lesen Account S (201,2501 01.25 20. Colec $472.500 an Account $ 472,500 5 1472.500 11. Pred $1.000 unts Payable 111000) 12. Purchased Inwentery en Account - 275,000 units $1.45 per unit S 298,750 13. Sold 20900 units at $1.00 Atent 5 700.000 700.000 13 Cogs for Sales un Atur S (279.250! 14. Coloc: $735.000 an Account $ 735.COS 1735.000 15. Paid $294,150 al seuns wable 1394,1V) 26. Purchased Inventory an Account 300,000 units at $1.15 per unit 345,000 17. Paid Sales & Marketing Expenses of $30.000 18. Paid Operating Expers of $75,70 $ (75,700 ) 19. Pald Wape Expenses or $40.000 IS (40.000 20. Paid Product Linearch & Omelet Espres of $150,000 $ (150.000 21. Paid Advertising Expenses of $57,500 s (87 500 22. Made the yearly required payment on the nore payable. The norte carries a Pinterest rate $ ( (88,500) and requires comment of $50.000 plus interest each December 31. 23. Record Y 1 Deprecation on Equipment with Salvage Value of $35,000 & useful lic of 7 yrs $ 37,428.57 24. Declarad a $10,000 arhived to use 25. Pald a $10.000 cash dividend for stockholders s (20.COON ) $ 62,500S 536,250 $200,000. 15.5 37,409 Totar . 1.000 4TH 391,750 COCO 022 (294,150.00 345,000.00 30,000.00 1S S $ S S 1300 75,704) 140.000 (150CC 127.500) 150,0001 S (38 SOO IS (37,429; IS (10.00 $ S 10,000.00 10.000.000 246,100 31,400 S 550.000 450,005 4Ch 11 Balance Sheet Equit , APIC Aut Payalalu Liab Nestes Pupallo 550.000 Chr Pratil Was Puyallu Common Stock Niine E 550.000 S YOU $ S 52500 117 117.2501 255,000 TELELTE 512,500 2012 13 IS 1113, on om Events Asels Cath Ascle Inventury Equipment Land Building Alum Dapur 1.Acqured $550.000 by spring a note cable with a local bank S $ 550.000 2. Sald 25.003stures of 622 Commenter for $1.500,00 $ 1.500.000 13. Purchandiprent IS 1200.000) $ 200,000 4. Purchased Inventory or Account - 25.000 Unts at $1 15 per unit 28750 Sa. Sod 25.counts on Account 15 52.500 sh, xin SP Anu S 117,250 6. Collect $70.000 0 Account 70,000 170,000 7. Pad $17,250 cours Payable 15 (17 2500 8. Purchanditoryo Alcount - 170.000 Lnils at $1.50 per unit S 255,00 Sa. Said 175.000 units at $350 on Account $ 612.500 S.COES for lesen Account S (201,2501 01.25 20. Colec $472.500 an Account $ 472,500 5 1472.500 11. Pred $1.000 unts Payable 111000) 12. Purchased Inwentery en Account - 275,000 units $1.45 per unit S 298,750 13. Sold 20900 units at $1.00 Atent 5 700.000 700.000 13 Cogs for Sales un Atur S (279.250! 14. Coloc: $735.000 an Account $ 735.COS 1735.000 15. Paid $294,150 al seuns wable 1394,1V) 26. Purchased Inventory an Account 300,000 units at $1.15 per unit 345,000 17. Paid Sales & Marketing Expenses of $30.000 18. Paid Operating Expers of $75,70 $ (75,700 ) 19. Pald Wape Expenses or $40.000 IS (40.000 20. Paid Product Linearch & Omelet Espres of $150,000 $ (150.000 21. Paid Advertising Expenses of $57,500 s (87 500 22. Made the yearly required payment on the nore payable. The norte carries a Pinterest rate $ ( (88,500) and requires comment of $50.000 plus interest each December 31. 23. Record Y 1 Deprecation on Equipment with Salvage Value of $35,000 & useful lic of 7 yrs $ 37,428.57 24. Declarad a $10,000 arhived to use 25. Pald a $10.000 cash dividend for stockholders s (20.COON ) $ 62,500S 536,250 $200,000. 15.5 37,409 Totar . 1.000 4TH 391,750 COCO 022 (294,150.00 345,000.00 30,000.00 1S S $ S S 1300 75,704) 140.000 (150CC 127.500) 150,0001 S (38 SOO IS (37,429; IS (10.00 $ S 10,000.00 10.000.000 246,100 31,400 S 550.000 450,005 4Ch 11
