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Prepare a December 31 balance sheet in proper form for Oxford Management using the following accounts and amounts: Service Fees earned- revenue $45,000 Accounts payable
Prepare a December 31 balance sheet in proper form for Oxford Management using the following accounts and amounts:
Service Fees earned- revenue | $45,000 |
Accounts payable | 4,500 |
Accounts receivable | 5,000 |
J. Uno, Capital | 108,500 |
Office equipment | 14,000 |
Selling expense | 4,200 |
Cash | 8,500 |
Land | 35,000 |
Note payable | 51,000 |
Office supplies | 2,500 |
Salaries expense | 13,000 |
Salaries payable | 3,000 |
Building | 102,000 |
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