Exercise 13.5 Preparing a classifled balance sheet. LO 13-3 The worksheet of Bridgets Office Supplies contalns the following revenue, cost, and amounted to $59,375 on January 1, 2019, and $52,325 on December 31, 2019 The e represent selling expenses, and those accounts. The merchandise Inventory 14 points expense accounts numbered 611 through 617 numbered 631 through 646 represent general and adminlstrative expenses. 481 Sales 451 Sales Returns and Allowances 491 Miscellaneous Income 501 Purchases 582 Freight In 503 Purchases Returns and Allowances 584 Purchases Discounts 611 Salaries Expense-Sales 614 Store Supplies Expense 617 Depreciation Expense-Store Equipment 631 Rent Expense 634 utilities Expense 637 Salaries Expense-Office 648 Payroll Taxes Expense s 246, 888e Cr 4,318 Dr 360 Cr 103,288 Dr. 1,935 Dr 3,560 Cr. 1,760 Cr 44,908 Dr 2,270 Dr 1,47e Dr 13,18e Dr Hint 2,968 Dr. 20,700 Dr S,688 Dr 530 Dr 680 Dr 643 Depreciation Expense-Office Equiptent 646 Uncollectible Accounts Expense 691 Interest Expense The worksheet of Bridget's Office Supplies contains the following owner's eouity accounts Accounts 1 Bridget Smanson, capital 322 Bridget Swanson, Drawing 563, 36e ce 46,5ee Dr Net income for the year $43.15 643 Depirectation E 691 Interest Expense 668 Dr 14 polnits The worksheet of Bndget's Office Supplies contains the following owners equrty accounts e1 Bridget Swanson, Capital 382 Bridget Swanson, Drawing $63, 36e Cr 48,588 Dr. Net income for the year $43.115 Hint Supplies contains the following asset and liability accounts. The balance of the Notes Payable account consists of notes that are due within a year. Ask s 6,3e5 Dr 460 Dr 5,186 Dr 828 Cr. 52,325 Dr 1e1 Cash Prit 187 Change Fund 111 Accounts Receivable 112 A1lowance for Doubtful Accounts 121 Merchandise Iiventory 1,060 Dr Refenences131 Store Supplles 110 Dr. 18,888 Dr. 1,148 Cr 3,328 Dr 133 Prepaid Interest 141 Store Equipment 142 Accun. Depreciation-Store Equipnment 151 Office Equipment 152 Accum. Depreciation-office Equipment 281 Notes Payable 283 Accounts Payable 216 Interest Payable 231 Sales Tex Payable $,468 3.685 r 98 r 1,356 Cr Prepare a balance sheet dated December 31, 2019 BRIDGET S OFFICE SUPPLIES 13-5 Prepare a balance sheet dated December 31, 2019 Assets Cument Assets Prepaid Expenses Total Current Assets Plant and Equipment Store equipment Office equipment Total Plant and Equipment Total Assets Liabilities and Owner's Equity Current Liabilities Total Current Liabilites Owner's Equity Total Liabilites and Owner's Eauity here to search