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Sunshine Sushi, a Japanese restaurant, has the following adjusted trial balance with accounts lis loan, $58,100 is due in 2021. For Notes receivable, $31,500 will
Sunshine Sushi, a Japanese restaurant, has the following adjusted trial balance with accounts lis loan, $58,100 is due in 2021. For Notes receivable, $31,500 will be collected in 2021 Account title Accounts payable Debit Credit Accumulated depreciation, equipment $ 61,125 Accumulated depreciation, furniture 82,600 Bank loan 67,125 461, eee Cash $139, Equipment 389,750 Operating expenses 38,150 Furniture 179, eee Merchandise Inventory 43,250 51,750 Natsuki Miyakawa, capital 11, see Natsuki Miyakawa, withdrawal 103,950 Notes receivable 73, eee Revenue 28, eee Wages payable Total $824,6ee $824, 600 Using the template provided, prepare a classified balance sheet for the year-ended December 31, 2020 SUNSHINE SUSHI $ Liabilities Current liabilities: Accounts payable Wages payable Bank loan, current $ 61,125 28,000 58,100 $ Total current liabilities $ 147,225 Non-current liabilities: Bank loan, current 402,900 $ 402.90 Total liabilities Equity $ 75,100 Natsuki Miyakawa, capital $ 478,000 quity
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