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How would a balance sheet be set up with these accounts? I have values for most of these accounts in my trial balance and Im
How would a balance sheet be set up with these accounts?
I have values for most of these accounts in my trial balance and Im confused as to where they belong, or if some of them dont even belong
CHART OF ACCOUNTS 1000 Accounts Receivable Allowance for Doubtul Accounts 100 Merchandise 1300 1310 1320 Prepaid Insurance Prepaid Rent Interost Receivable Store Supplies Office Supplies 1350 1500 1505 1520 1530 1535 Accumulated Depreciation-Eqmet Accounts Payable Notes Payable (short-term) Salaries Payable Unearned Rent nterest Payable Dividends Payable Income Tax Payable Bonds Payable Premium on Bonds Payable Discount on Bonds Payable Notos Payablo (long-torm) Common Slock Paid-in Capiai in Excess of Par Retained Eamings 3010 3100 3105 Income Summary 4010 Sales Roturns and Allowances Saies Discounts 4100 4110 4120 4130 Purchases Discounts Purchasos Returns and Allowances Transportation In Sales Salaries Expense Advertising Expense Rent Expense- -Selling Insurance Expense-Selling Utlities Expense-Selling Store Supplies Expense Depreciation E Doubtful Accounts Expense Office Salaries Expense Rent Expense-General 4240 xpense- 4410 Utilities Expense-General Office Suppliles Expense Legal Expense Miscellaneous Office Expense Interest Earned Rent Earned Interest Expense Gain on Disposal of Plant Assets Loss on Disposal of Plant Assets Income Tax Expense 4470 4610 4620 4630 4640 Step by Step Solution
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