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Hello, could I get a closing entry for the balance sheet created for the Donatello Company? 4,650 11,400 500 750 $ 17,300 $ 8,000 19,950
Hello, could I get a closing entry for the balance sheet created for the Donatello Company?
4,650 11,400 500 750 $ 17,300 $ 8,000 19,950 5,700 $ 14,250 DONATELLO COMPANY Balance sheet July 31, 2014 Assets: Current Assets: Cash $ Accounts Receivable $ Prepaid Rent $ Supplies $ Total Current Assets Long-term Assets: Debt Investment(Long term) Property plant and Equipment: Equipment $ Less:Accumulated Depreciation-Equipment Intangible Assets: Patents Total Assets Liabilities and Owner's Equity: Current Liabilities Accounts Payable $ Interest Payable $ Unearned Revenue $ Total Current Liabilities Long-term Liabilities Notes Payable Total Liabilities Owner's Equity: Owner's Capital Total Liablities and Owners Equity $ 18,300 57,850 $ 4,245 750 2,050 $ 7,045 $ 45,000 52,045 $ $ 5,805 57,850 $Step by Step Solution
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