Question
Sunshine Sushi, a Japanese restaurant, has the following adjusted trial balance with accounts listed in alphabetical order. For the bank loan, $73,500 is due in
Sunshine Sushi, a Japanese restaurant, has the following adjusted trial balance with accounts listed in alphabetical order. For the bank loan, $73,500 is due in 2021. For Notes receivable, $36,500 will be collected in 2021. Account title Accounts payable Debit Accumulated depreciation, equipment Accumulated depreciation, furniture Credit $ 27,750 81,000 41,250 Bank loan 446,000 Cash $134,000 Equipment 303,750 Operating expenses 62,300 Furniture 110,000 Merchandise Inventory 25,000 Natsuki Miyakawa, capital 36,000 Natsuki Miyakawa, withdrawal 6,600 Notes receivable 89,600 Revenue 61,250 Wages payable 38,000 Total $731,250 $731,250 apter Saved Assets Current assets: Total current assets Non-current investments: Property, plant, and equipment: Total property, plant, and equipment Total assets Current liabilities: Total current liabilities Non-current liabilities: Total liabilities S 0 Liabilities Equity N
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