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Exercise 4-14 Preparing a classified balance sheet @106 excel Page 282 Sunshine Sushi, a Japanese restaurant, has the following adjusted trial balance with accounts listed
Exercise 4-14 Preparing a classified balance sheet @106 excel Page 282 Sunshine Sushi, a Japanese restaurant, has the following adjusted trial balance with accounts listed in alphabetical order. Using the template provided, prepare a classified balance sheet for the year ended December 31, 2020. For the bank loan $60,550 is due in 2021. For Notes receivable. $41,500 will be collected in 2021 Account Title Debit //pub/sa_5501epubdfi%2F%2F1789658data-uaid 330931692864490088d Sunshine Sushi Balance Sheet December 31, 2020 Credit $ 41.623 99,700 38,250 501.000 Assets Current sets: Accounts payable. Accumulated depreciation equipment.......... Accumulated depreciation, furniture... Bank loan Cash..... Equipment Operating expenses Furniture... Merchandise inventory Natsuki Miyakawn, capital Natsuki Miyakawa withdrawal Notes receivable Revenue. Wages payable Total $115.000 373.875 38.150 102.000 34.250 Total curent assets Non-current investments: 28,500 Property, plant, and equipment: 11.300 115.500 50.750 $790.073 S790075 Totales Sunshine Sushi Total current liabilities Non current liabilities: Total liabilities Equity 8 Total liabilities and equity
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