Exercise 13.5 Preparing a classified balance sheet. LO 13-3 The worksheet of Bridget's Office Supplies contains the following revenue, cost, and expense accounts. The merchandise inventory amounted to $57.875 on January 1, 2019, and $50.825 on December 31, 2019. The expense accounts numbered 611 through 617 represent selling expenses, and those numbered 631 through 646 represent general and administrative expenses. 210 CF P 1,785 Dr. 401 Sales 451 Sales Returns and Allowancest 491 Miscellaneous Income 501 Purchases 502 Freight in 503 Purchase Returns and Allowances SOM Purchases Discounts 611 Salaries Expense-Sales 614 Store Supplies Expense 617 Depreciation Expense Store Equipment 631 Rent Expense 634 Utilities Expense 637 Salaries ExpenOffice 1,610 cr. 2,120 or 11,600 Dr 19,200 Dr 100 DE 643 Depreciation Expense-office Equipment GA6 Uncollectible Accounts Expense. 691 Interest Expense On The worksheet of Bridget's Office Supplies contains the following owner's equity accounts. Accounts 01 tridiet Swanson, Capital 302 Bridget Swanson Dwing | | | 302 Bridget Swanson, Drawing 41,150 De Net Income for the year $48,515. inits The worksheet of Bridget's Office Supplies contains the following asset and liability accounts. The balance of the Nores Payable account consists of notes that are due within a year cbook $12,005 Dr. 4,950 Or 670 CP Reference 910 Dr Accounts 101 Cash 107 Change Fund 111 Accounts Receivable 112 Allowance for Doubtful Accounts 121 Merchandise Inventory 131 Store Supplies 133 Prepaid Interest 141 Store Equipment 142 Accum. Depreciation Store Equipment 151 Office Equipment 152 Accu Depreciation Office Equipment 201 Notes Payable 293 Account Payable 216 Interest Payable 231 Sales Tax Payable 9. Dr. 3,020 Or 5. 10 3.535 Cr 1,700 cro Prepare a balance sheet dated December 31, 2019 BRIDGETS OFFICE SUPPLIES Balance Sheet Exercise 13.5 Preparing a classified balance sheet. LO 13-3 The worksheet of Bridget's Office Supplies contains the following revenue, cost, and expense accounts. The merchandise inventory amounted to $57.875 on January 1, 2019, and $50.825 on December 31, 2019. The expense accounts numbered 611 through 617 represent selling expenses, and those numbered 631 through 646 represent general and administrative expenses. 210 CF P 1,785 Dr. 401 Sales 451 Sales Returns and Allowancest 491 Miscellaneous Income 501 Purchases 502 Freight in 503 Purchase Returns and Allowances SOM Purchases Discounts 611 Salaries Expense-Sales 614 Store Supplies Expense 617 Depreciation Expense Store Equipment 631 Rent Expense 634 Utilities Expense 637 Salaries ExpenOffice 1,610 cr. 2,120 or 11,600 Dr 19,200 Dr 100 DE 643 Depreciation Expense-office Equipment GA6 Uncollectible Accounts Expense. 691 Interest Expense On The worksheet of Bridget's Office Supplies contains the following owner's equity accounts. Accounts 01 tridiet Swanson, Capital 302 Bridget Swanson Dwing | | | 302 Bridget Swanson, Drawing 41,150 De Net Income for the year $48,515. inits The worksheet of Bridget's Office Supplies contains the following asset and liability accounts. The balance of the Nores Payable account consists of notes that are due within a year cbook $12,005 Dr. 4,950 Or 670 CP Reference 910 Dr Accounts 101 Cash 107 Change Fund 111 Accounts Receivable 112 Allowance for Doubtful Accounts 121 Merchandise Inventory 131 Store Supplies 133 Prepaid Interest 141 Store Equipment 142 Accum. Depreciation Store Equipment 151 Office Equipment 152 Accu Depreciation Office Equipment 201 Notes Payable 293 Account Payable 216 Interest Payable 231 Sales Tax Payable 9. Dr. 3,020 Or 5. 10 3.535 Cr 1,700 cro Prepare a balance sheet dated December 31, 2019 BRIDGETS OFFICE SUPPLIES Balance Sheet
