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rearrange the accounts to produce a Balance Sheet and an Income statement in good form JJJ, LLC 31 Apr 13 Account List Member Contributions 10000
rearrange the accounts to produce a Balance Sheet and an Income statement in "good form"
JJJ, LLC
| 31 Apr 13 | ||
| Account List | ||
| Member Contributions | 10000 | |
| Accounts Payable | 8000 | |
| Accounts Receivable | 20000 | |
| Accumulated Depreciation | 8000 | |
| Bad Debts Expense | 2000 | |
| Bank Loan Payable | 45000 | |
| Buildings | 50000 | |
| Utilities Expense | 18000 | |
| Cash | 5000 | |
| Cost of Goods Sold | 150000 | |
| Furniture and Fixtures | 10000 | |
| Inventory | 50000 | |
| Salaries and Wages | 100000 | |
| Sales | 300000 | |
| Additional Paid in Capital | 5000 | |
| Beginning Retained Earnings | 29000 |
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