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Nome International had the following adjusted general ledger balances as of December 31st, 2024. Accounts receivable $18,500 Office equipment $69,000 Accounts payable 37,000 Office supplies
Nome International had the following adjusted general ledger balances as of December 31st, 2024. Accounts receivable $18,500 Office equipment $69,000 Accounts payable 37,000 Office supplies 5,000 Building 55,000 Service revenue 130,000 Cash 80,000 Supplies expense 8,000 Commission expense 19,000 Utilities expense 7,500 Common stock 29,000 Wage expense 11,500 Interest payable 1,800 Deferred Revenue 1,200 Land 30,000 Prepaid Expense 8,500 Beginning retained earnings was $120,000 and dividends were $7,000 for the year. Prepare the balance sheet for the current year
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