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On December 31, Turner Co. had the following list of accounts. Accounts Payable $ 41,000 Ending Retained Earnings $ 29,100 Accounts Receivable 33,100 Maintenance Expense

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On December 31, Turner Co. had the following list of accounts. Accounts Payable $ 41,000 Ending Retained Earnings $ 29,100 Accounts Receivable 33,100 Maintenance Expense 5,200 Beginning Retained Earnings 23,500 O Prepaid Rent 20,000 O Capital Stock 36,500 Rent Expense 6,800 O Cash 36,600 O Supplies 23,600 Consulting Revenue 34,600 Supplies Expense 2,600 Deferred Revenue 6,700 Utilities Expense 1,800 Dividends 12,600 Required: Required: Prepare a balance sheet on December 31, classifying and ordering all balance sheet accounts in the proper sections. Turner Company Balance Sheet December 31 Assets ((Choose one) Total Assets Liabilities (Choose one) Total Liabilities Stockholders' Equity (Choose one) Total Stockholders' Equity Total Liabilities and Stockholders' Equity Chrome Flet View Hatory toons Profiles Tab Windos Help A ASHX e www-awnik.com LA MOPWWObywg-wo Initial Knowledge Check Question Required: Prepare a balance sheet on December 31, classifying and ordering of Dance sheet accounts in the proper sections. Turner Com Michel CS Com De Las dity 10 1 2 3 6 B 2 9 w E R T Y GRACE S D F G H J N C V . N C M contro Turner Company Balance Sheet December 31 Assets (Choose one) Total Assets Liabilities (Choose one) Accounts Payable Accounts Receivable Advertising Expense Beginning Retained Earnings Capital Stock Cash Consulting Revenue Deferred Revenue Dividends Entertainment Expense Legal Expense Maintenance Expense Net Income Prepaid Rent Rent Expense Retained Earnings Service Revenue Supplies Supplies Expense ders' Equity ? w sto F Sa . F 888 F4 Balance Sheet December 31 Assets (Choose one) Total Assets Liabilities (Choose one) Total Liabilities ders' Equity Stockholders' Equity (Choose one) Accounts Payable Accounts Receivable Advertising Expense Beginning Retained Earnings Capital Stock Cash Consulting Revenue Deferred Revenue Dividends Entertainment Expense Legal Expense Maintenance Expense Net Income Prepaid Rent 5

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