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MoCo Electronics, Inc need a balance sheet for the year ended march 31, 2020 aaccounts payable 115,500 net sales: 1,465,000 interest expense 3,250 notes receivable

MoCo Electronics, Inc

need a balance sheet for the year ended march 31, 2020

aaccounts payable 115,500 net sales: 1,465,000 interest expense 3,250 notes receivable 100,000

accounts receivable 200,000 cost of good sold: 924,000 taxes 15,250 inventory 56,000

cash 112,500 selling expenses 35,000 retained earnings 725,000 supplies 1,200

land 625,000 bad debt expenses 5,500 prepaid insurance 6,500

less; dividends 25,000 administrative expenses 40,000 stock investment 24,500

mortgage payable 12,500 depreciation expense-equipment 25,000 investment in real state 212,650

notes payable 4,850 insurance expenses 12,500 building 375,000

patents 12,500 interest income 5,000 equipment 65,000

salaries 220,000 rent income 6,000 accumulated depreciation equipment 37,500

unearned service avenue 35,000 salaries and wages 12,500 interest payable 35,000 notes payable 245,000

common stock 397,500 retained earnings 895,500

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