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Exercises Part A 10. Following is the opening balance sheet on November 30 for the Ridgeview Motel, owned by Bruna Fenato. Ridgeview Motel Balance
Exercises Part A 10. Following is the opening balance sheet on November 30 for the Ridgeview Motel, owned by Bruna Fenato. Ridgeview Motel Balance Sheet November 30, 20- Cash Supplies Assets Office Equipment Building Furniture Automobile Liabilities $ 3.000 Accounts Payable/ 2.000 Acme Supply 2.000 Bank Loan 150 000 20 000 Total Liabilities 6.000 $ 3.000 25 000 Mortgage Payable 60 000 88 000 Total Assets $183 000 Owner's Equity B. Fenato, Capital Total Liabilities and Owner's Equity 95.000 $183 000
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