Question
George's pizzaeria has the following infromation as of december 31st, 2008: cash, 2000; pizza ovens, 25000; furniture, 12500; accounts payable, 3500;notes payable, 12500; accumlated depreciation,
George's pizzaeria has the following infromation as of december 31st, 2008: cash, 2000; pizza ovens, 25000; furniture, 12500; accounts payable, 3500;notes payable, 12500; accumlated depreciation, 10000; wages payable, 1500;taxes payable 2500; and equipment loan 18000.construct a balance sheet for gerorge. do you think he has a problem with his current balance sheet? if so, what is it?
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Managerial Accounting
Authors: Wendy M. Tietz, Louis Beaubien, Karen W. Braun
3rd Canadian edition
134460826, 134460820, 9780134524818 , 978-0134526270
