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QUESTION 23 These financial statement items are for Knight Company at year-end, July 31, 2019. Salaries payable $ 4,580 Note payable (long-term) $ 3,300 Salaries

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QUESTION 23 These financial statement items are for Knight Company at year-end, July 31, 2019. Salaries payable $ 4,580 Note payable (long-term) $ 3,300 Salaries expense 45,700 Cash 22,200 Utilities expense 19,100 Accounts Receivable 9,780 Equipment 22,000 Accumulated depreciation 6,000 Accounts payable 4,100 Knight, Drawing 4,000 Commission revenue 56,100 Depreciation expense 4,000 Rent revenue 6,500 Capital 36,000 Prepare a classified statement of financial position at July 31. Paragraph Arial + 3 (12pt) ' , 2 11 T fx Mashups 1

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