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M & M, Inc. has the following assets, liabilities, revenues and expenses for the current year The accounts are listed below in alphabetical order. The
M & M, Inc. has the following assets, liabilities, revenues and expenses for the current year The accounts are listed below in alphabetical order. The company has a December 31st year end Accounts receivable Accounts payable Building Cash Commission expense Common stock Interest payable Land $28,000 37,000 45,000 80,000 20,500 22,000 1,500 40,000 Office equipment $59,500 Office supplies Service revenue 30,000 Supplies expense 8,000 Utilities expense Wage expense 5,000 8,500 11,500 Beginning retained earnings was $120,000 and dividends were $5,000 for the year. Prepare the balance sheet for the current vear Your
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