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On December 31, records show the following accounts. Cash Accounts receivable Supplies Land Services revenue Accounts payable Wages expense Rent expense Supplies expense Total equity
On December 31, records show the following accounts. Cash Accounts receivable Supplies Land Services revenue Accounts payable Wages expense Rent expense Supplies expense Total equity Total Assets Use this information to prepare a December 31 balance sheet. Assets $ 25,700 3,200 10, 200 $ 70,200 81,000 30,200 40,200 7,700 3,700 79,100 Balance Sheet December 31 Total Liabilities Equity Liabilities Total equity 0 Total liabilities and equity $ $ 0 0
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