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On December 31, Bryant Company had the following list of account balances. O Accounts Payable $ 28700 O Dividends $ 10100 O Accounts Receivable 49000
On December 31, Bryant Company had the following list of account balances. O Accounts Payable $ 28700 O Dividends $ 10100 O Accounts Receivable 49000 O Equipment 48600 Accumulated Depreciation, O Buildings 43900 Prepaid Rent 19800 Accumulated Depreciation, 14600 O Equipment Rent Expense 9600 Beginning Retained Earnings 93400 O Salaries Expense 3700 O Buildings 97000 O Salaries Payable 6500 Capital Stock Service Revenue 78800 O 32700 Cash 26500 Supplies 12400 Depreciation Expense, Buildings 3000 Supplies Expense 8600 Depreciation Expense, 10300 Equipment Required: Prepare a balance sheet on December 31. Hint: You will need to determine the net book value for equipment and buildings. You will also need to determine ending retained earnings
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