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Please fill the balance sheet and check if the written ones are correct $ 160,700 54,000 21,000 171,500 16,500 168,000 60,000 144,000 26,000 85,000 Cash
Please fill the balance sheet and check if the written ones are correct
$ 160,700 54,000 21,000 171,500 16,500 168,000 60,000 144,000 26,000 85,000 Cash Accounts receivable Interest receivable Notes receivable (due in 90 days) Office supplies Automobiles Accumulated depreciation-Automobiles Equipment Accumulated depreciation-Equipment Land Accounts payable Interest payable Salaries payable Unearned fees Long-term notes payable Common stock Retained earnings Dividends Fees earned Interest earned Depreciation expense-Automobiles Depreciation expense-Equipment Salaries expense Wages expense Interest expense Office supplies expense Advertising expense Repairs expense-Automobiles Totals 97,000 40,000 25,000 44,000 150,000 30,580 275, 220 46,000 514,000 34,000 26,000 22,000 183,000 43,000 37,400 34,400 57,500 25,800 $1,295,800 $1,295,800 ... . ...... CHIARA COMPANY Balance Sheet December 31 Assets Cash $ 160,700 54,000 21,000 171,500 16,500 Accounts receivable Interest receivable Notes receivable Office supplies Automobiles Accumulated depreciation Automobiles Equipment Accumulated depreciation-Equipment $ 108,000 168,000 (60,000) 144,000 (26,000) Land 118,000 85,000 734,700 Total assets $ Liabilities $ Accounts payable Interest payable 97,000 40,000 $ Accounts payable Interest payable Salaries payable Unearned fees Long-term notes payable 97,000 40,000 25,000 44,000 150,000 Total liabilities 356,000 Equity Common stock Retained earnings 30,580 275,220 Total equity Total liabilities and equity 305,800 661,800 $Step by Step Solution
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