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Enjoy the Exam, Inc started a business twelve months ago. You are hired to prepare a classified balance sheet using the following data for June
Enjoy the Exam, Inc started a business twelve months ago. You are hired to prepare a classified balance sheet using the following data for June 30, 2020. Interest Expense $17,500 Dividend Revenue 25,000 Accounts Payable 115,500 Other Assets $37,200 Supplies 5,175 Salary Expense 7,000 Property and Equipment 441,600 Capital 50,000 Inventories 11,125 Unearned Revenue 3,900 Administrative Expense 15,000 Depreciation Expense 20,000 Bonds Payable 376,700 Notes Payable-Log term 116,500 Interest Receivable 3,200 Accounts Receivable 183,000 Dividend 6,000 Cash 36,000 Prepaid Expenses 20,000 Revenue 100,700 Advertising Expense 2,500 Supplies Expense 3,000 Accumulated Depreciation-Property20,000 and Equipment
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