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Question Problem.. Problem 2.1A B D E F G H I J K L M 1 Problem 2.1A 2 3 Listed below in random order
Question Problem.. Problem 2.1A B D E F G H I J K L M 1 Problem 2.1A 2 3 Listed below in random order are the items to be included in the balance sheet of Rocky Mountain Lodge at December 31, 2015 4 5 Equipment 39,200 Buildings 450,000 6 Land 425,000 Capital Stocks 135,000 17 Account Payable 54,800 cash 31,400 8 Account receivable 10,600 furnishing 58,700 9. Salaries payable 33,500 Snowmobiles (equipment) 15,400 10 Interest Oayable 12,000 Notes Payable 620,000 11 Retained Earnings 2 12 13 14 Instructions 15 Pepare a balance sheet (provided in the next tab) at December 31, 2015. Include a proper heading and organize your balance sheet similar to Exhibit 2-9. 16 You will need to compute the retained earnigs by using the accounting equations, 17 19
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