Question
Prepare the 2020 annual financial statements for Stars Company based on the following information: Sales Revenue $19,700 Accounts Receivable $1,800 Cash 50,300 Supplies 710 Owners
Prepare the 2020 annual financial statements for Stars Company based on the following information:
| Sales Revenue | $19,700 |
| Accounts Receivable | $1,800 |
| Cash | 50,300 |
| Supplies | 710 |
| Owners Capital | 5,000 |
| Loan payables | 48,000 |
| Accounts Payable | 1,130 |
| Salaries expense | 660 |
| Withdrawal by owner | 1,000 |
| Utility expense | 170 |
| Rent expense | 1,500 |
| Computer | 2,000 |
| Office furniture | 3,400 |
| Insurance expense | 5,800 |
| Prepaid insurance | 6,200 |
| Supplies expense | 290 |
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Physics
Authors: James S. Walker
5th edition
978-0133498493, 9780321909107, 133498492, 0321909100, 978-0321976444
