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Prepare a December 31 balance sheet in proper form for Smokey River Supplies from the following list of the accounts: Cash.......... $10,000 Accounts receivable.. 8,000
Prepare a December 31 balance sheet in proper form for Smokey River Supplies from the following list of the accounts:
| Cash.......... | $10,000 |
| Accounts receivable.. | 8,000 |
| Supplies. | 12,000 |
| Equipment.. | 35,000 |
| Land.............. | 18,000 |
| Accounts payable.. | 13,000 |
| Notes payable.. | 41,000 |
| Common stock... | 20,000 |
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Core Concepts Of Accounting
Authors: Robert N. Anthony, Leslie Pearlman Breitner
8th Edition
0130406716, 9780130406712
