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Randall Companys trial was in balance at the end of the period and showed the following accounts: But someone erased the balance in the land
Randall Companys trial was in balance at the end of the period and showed the following accounts: But someone erased the balance in the land account.
Account | $ balance |
Accounts Payable | 3,248 |
Cash | 7,581 |
Common Stock | 11,085 |
Equipment | 8,212 |
Land | ? |
Notes Payable | 8,305 |
Using your knowledge of accounts, normal balances and the rule that debits must equal credits?
What is the balance in the Land Account?
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