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prepare a balance sheet for a new cafe note; there is no liabilites investors will particpate with in total 750,000 rent 130,000 vat 6,500 equipment
prepare a balance sheet for a new cafe
note;
there is no liabilites
investors will particpate with in total 750,000
rent 130,000
vat 6,500
equipment 43640
utility expenses 16533
licenses 37800
supplies 21388
advertisment 33200
insurance 49680
software 29308
decoration 153950
salaries 228000
sales: 1,260/day
Required:
prepare balance sheet and income statement
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Financial Accounting Theory
Authors: Craig Deegan, H. Bierman
4th Edition
0071013148, 978-0071013147
