Financial Accounting Concepts

Kon Young arc kimecradoc ogcriad Keede-Lirectos c coroarctior coch contrbuod $2.500 cash to start the business and recamac 4 400 shares. The shore completed its tryer at operations on December 31, 2020. On a date, the loving Harco items to a year wene cene Trin: cash an hord and in tank, $18.700: amturbe due from customer from salce of booke, $29.500; property and couprcm, 557.Cagunts hedo Butlehere for trucks purchaecu, S9 200; one year nele parable to a local bank for 94.850. Po dvidends were decared or paid to the clutchocers during the year Required: 1. Complete the balance sheet a December 31, 2020 READERRET Blanca Shant At December 31, 2020 Assets Liabilities ca Funta a olles Shareholders' equity Tay Tulli TIME 3 2. Warga naredatings anushonard Anapaning holanca at work hacamat the mountatrat income for the year that anda. Dananhar 31,1%. Nel nome 3. ADAMhAr 31,770. do most of 11 frascing for AASAMA AMC or a neces? Srarchadora Creditors 4. Aww.ral Rich DE MATHS9700:52.700 117971, while we wycing Toward Farming: DH 31,20,217 Englann