Question
develop a balance sheet at August 31, 2020. (List Assets in order of liquidity.) PHAROAH & CO. Balance Sheet August 31, 2020 For the Month
develop a balance sheet at August 31, 2020.(List Assets in order of liquidity.)
PHAROAH & CO.
Balance Sheet
August 31, 2020
For the Month Ended August 31, 2020
For the Year Ended August 31, 2020
Assets
$
Current Assets
Liabilities
Intangible Assets
Long-term Investments
Long-term Liabilities
Property, Plant and Equipment
Owner's Equity
Total Assets
Total Current Assets
Total Current Liabilities
Total Intangible Assets
Total Liabilities
Total Liabilities and Owner's Equity
Total Long-term Investments
Total Long-term Liabilities
Total Property, Plant and Equipment
Total Owner's Equity
$
Liabilities and Owner's Equity
Current Assets
Liabilities
Intangible Assets
Long-term Investments
Long-term Liabilities
Property, Plant and Equipment
Owner's Equity
Total Assets
Total Current Assets
Total Current Liabilities
Total Intangible Assets
Total Liabilities
Total Liabilities and Owner's Equity
Total Long-term Investments
Total Long-term Liabilities
Total Property, Plant and Equipment
Total Owner's Equity
$
Current Assets
Liabilities
Intangible Assets
Long-term Investments
Long-term Liabilities
Property, Plant and Equipment
Owner's Equity
Total Assets
Total Current Assets
Total Current Liabilities
Total Intangible Assets
Total Liabilities
Total Liabilities and Owner's Equity
Total Long-term Investments
Total Long-term Liabilities
Total Property, Plant and Equipment
Total Owner's Equity
Current Assets
Liabilities
Intangible Assets
Long-term Investments
Long-term Liabilities
Property, Plant and Equipment
Owner's Equity
Total Assets
Total Current Assets
Total Current Liabilities
Total Intangible Assets
Total Liabilities
Total Liabilities and Owner's Equity
Total Long-term Investments
Total Long-term Liabilities
Total Property, Plant and Equipment
Total Owner's Equity
$
Cash+Accounts
Receivable
+Supplies+Equipment=Accounts
Payable
+Owner's
Capital
-Owner's
Drawings
+Revenues-Expenses1.$14,300$14,3002.-2,800$5,000$2,2003.-850$8504.4,700$3,700$8,4005.-1,000-1,0006.-3,000-$3,0007.-650-$6508.400-4009.-4,600-4,60010.300-300
Assume that August is the company's first month of business.
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Modern Management Concepts And Skills
Authors: Samuel Certo, S Certo
15th global Edition
978-1292265193, 1292265191
