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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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