Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

I need Accounting help. SotBy Default Moonlight Company Balance Sheet As of February 11, 2016 Feb 11, 16 ASSETS Current Assets Checking/Savings 100 Cash 43,000.00

image text in transcribed

image text in transcribed

I need Accounting help.

image text in transcribed

image text in transcribed

SotBy Default Moonlight Company Balance Sheet As of February 11, 2016 Feb 11, 16 ASSETS Current Assets Checking/Savings 100 Cash 43,000.00 Total Checking/ Savings Other Current Assets 43,000 00 105 Suppies Total Other Current Assets 3,200 00 3.20000 46,200.00 Total Current Assets Fixed Assets 20,000.00 120,000.00 70,000.00 210,000.00 256,200.00 150 Equipment 155 Land 160- Bailding Total Fixed Assets TOTAL ASSETS LIABILITIES&EQUITY Liabilities Current Liabilities Other Current Liabilities 5,000.00 5.000.00 5.000 00 200 Accounts Payable Total Other Current Liabilities Total Current Liabilities Long Term Liabilities 250 Hote Payable Total Long Term Liabilities 120000 00 120,000 00 125,000.00 Total Liabilities Equity 300 Common Stock 310- Retained tarnings 41 200 c0 131 20000 256.200.00 Total Equity TOTAL LIABILITIES&EQURTY

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Introduction To Managerial Accounting

Authors: Peter C. Brewer

Custom Edition

0077842987, 978-0077842987

More Books

Students also viewed these Accounting questions

Question

5-9. What is the role of a companys board of directors?

Answered: 1 week ago