FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

reserves 10000 Deprecated buildings 25000 Short-term loan 20000 Stadium 250000 Bills receivables 10000 Note paybles 15000 Goods 26000 Commercial requirements 36000 Commercial portfolio 45000 Unearned

reserves 10000

Deprecated buildings

 25000

Short-term loan

 20000
Stadium 250000
Bills receivables 10000
Note paybles 15000
Goods 26000
Commercial requirements 36000
Commercial portfolio 45000
Unearned interest credit 500
Loss 25000
Building 200000
share capital 544300
unearned interest on debits 800
5 year bond loan 50000
Prepaid revenue 12000
Advances for furniture purchase 1000
Customer deposits 11000
Advances to suppliers 2000
Prepaid expenses 5000
Consumables 5000
Participation in affiliated 40000
Cash and cash equivalents 35000
Mark 10000
Creditors 3000

Prepare the Balance Sheet

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Accounting questions

Question

What separates "normal" eating or weight concerns from "abnormal" eating or weight concerns?

Answered: 1 week ago

Question

★★★★★
Using the following accounts, prepare a single-step income statement at year end, May 31, 2014: Cost of Goods Sold, $1,680; General Expenses, $900; Interest Expense, $420; Interest Income, $180; Net...

Answered: 1 week ago

Question

★★★★★
The results of operations for the Garret Bug Spray Manufacturing Company for the fourth quarter of 2014 were as follows (in thousands): Sales of bug spray $500,000 Less variable cost of goods sold...

Answered: 1 week ago

Question

★★★★★
Saxbury Corporation's relevant range of activity is 3,000 units to 7,000 units. When it produces and sells 4,800 units, its average costs per unit are as follows: Direct materials Direct labor...

Answered: 1 week ago

Question

★★★★★
A company is looking into its employee attrition rates (i.e., it is trying to know when and why an employee decides to leave the company). This would help the company to improve its business...

Answered: 1 week ago

Question

★★★★★
identify foward pass, backward pass and critical path Identify: 1. Forward Pass 2. Backward Pass 3. Critical Path (highlight) D 4 Im 6 ID B C Start 6 End 5 7 FI 6 G 1

Answered: 1 week ago

Question

★★★★★
Scenario 3 Suppose 50,000 individuals are unemployed in a certain economy. You are given the following data about the length of unemployment spells and probability of exiting unemployment in the...

Answered: 1 week ago

Question

★★★★★
Question 7 A point charge with a charge of 5C is fixed at point (3m,0). A second point charge with a charge of -2 C is fixed at point (0,1m). QUESTION 7.1 7A A)What is the electric field at the...

Answered: 1 week ago

Question

★★★★★
Instructions: 1.Complete this worksheet using reputable online sources. Use hints such as the author's name, date of posting, sources cited, website design, and writing style to judge a website's...

Answered: 1 week ago

Previous Question Next Question