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Please prepare balance sheet. Total assets should = $387,270 COMPREHENSIVE PROBLEM 1 PART B Page 151 (CHAPTERS 1, 3. 4) PEAK VIEW SPA, INC. ADJUSTED
Please prepare balance sheet. Total assets should = $387,270
COMPREHENSIVE PROBLEM 1 PART B Page 151 (CHAPTERS 1, 3. 4) PEAK VIEW SPA, INC. ADJUSTED TRIAL BALANCE DECEMBER 31, 2019 ACCOUNT TITLES CREDIT Accounts Payable Accounts Receivable Acmuloted Depreciation-Building Accumulated Depreciation-Equ Advertising Expense Building DEBIT 10,900 $31,700 13,500 ent 4,400 8,600 270,000 74,130 Common Stock Depreciation Expense Dividends Equipment Income Tax Expense Income Taxes Payable Insurance Expense Interest Expense Interest Payable Notes Payable Prepaid Insurance Retained Earnings (January 1, 2019) Salaries & Wages Expense Salaries & Wages Payable Service Revenue Spa Supplies Spa Supplies Expense Unearned Service Revenue Utilities Expense 150,000 17,900 40,000 24,000 45,650 2,620 9,300 14,100 900 135,000 4,800 156,800 1,410 394,500 540 16,200 7,500 7,010 TOTALS $720,730$720.730 Step by Step Solution
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