Question
Dominick Lopez operates a consulting firm called tech today. On August 31, the company's records show the following accounts for the month of August. Use
Dominick Lopez operates a consulting firm called tech today. On August 31, the company's records show the following accounts for the month of August. Use this information to prepare a balance sheet for the business.
Cash----$8360
Accounts receivable---$17000
Office supplies----$3250
Land----$46000
Office equipment----$18000
Accounts payable----$8000
D. Lopez capital, July 31 -----$4000
D.Lopez withdrawals -----$3000
Consulting fees earned ----$17000
Rent expense ----$4500
Salaries expense----$8000
Telephone expense ----$560
Miscelleneous expense---$280
Owner investments ----$80000
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