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Im not sure where I am going wrong. Please help, thank you! Data table Assets begin{tabular}{|c|c|c|c|c|} hline multicolumn{5}{|l|}{ Current Assets: } hline Prepaid rent
Im not sure where I am going wrong. Please help, thank you!
Data table Assets \begin{tabular}{|c|c|c|c|c|} \hline \multicolumn{5}{|l|}{ Current Assets: } \\ \hline Prepaid rent & & & $ & 900 \\ \hline Cash & & & & 15,180 \\ \hline Total current assets & & & & 16,080 \\ \hline \multicolumn{5}{|l|}{ Plant Assets: } \\ \hline Equipment & $ & 47,000 & & \\ \hline Less: Accumulated depreciation-Equipment & - & (3,700) & & 43,300 \\ \hline Total assets & & & $ & 59,380 \\ \hline \end{tabular} Reference Liabilities Current Liabilities: \begin{tabular}{|c|c|} \hline Salary payable & 400 \\ \hline Unearned service revenue & 2900 \\ \hline Income tax payable & 1400 \\ \hline Accounts payable & 5100 \\ \hline Total current liabilities & 8300 \\ \hline Notes payable, long-term & 11000 \\ \hline Total liabilities & 19300 \\ \hline \multicolumn{2}{|l|}{ Shareholders' Equity } \\ \hline Common stock & 8800 \\ \hline Retained earnings & 28980 \\ \hline Total stockholders' equity & 37780 \\ \hline Total liabilities and stockholders' equity & 57960 \\ \hline \end{tabular}Step by Step Solution
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