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Exercise 1-14 Wayne Holtz is the bookkeeper for Tamarisk, Inc.. Wayne has been trying to get the balance sheet of Tamarisk, Inc. to balance. It
Exercise 1-14 Wayne Holtz is the bookkeeper for Tamarisk, Inc.. Wayne has been trying to get the balance sheet of Tamarisk, Inc. to balance. It finally balanced, but now he's not sure it is correct. Tamarisk, Inc Balance Sheet December 31, 2017 Assets Liabilities and Stockholders' Equity Cash Supplies Equipment Dividends Total assets $10,600 (17,400) 45,400 36,900 $12,600 Accounts payable 14,900 Accounts receivable 34,600 Common stock 13,400 Retained earnings Total liabilities and stockholders equity $75,500 $75,500
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