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Terrific Computer Systems Ltd . Balance Sheet Year ending December 3 1 , 2 0 2 1 ASSETS Cash 6 , 5 2 0 Office
Terrific Computer Systems Ltd
Balance Sheet
Year ending December
ASSETS
Cash
Office supplies
Prepaid insurance
Inventory
Accounts receivable
Prepaid rent
Deferred revenue
Equipment
TOTAL ASSETS
LIABILITIES AND EQUITY
Interest payable
Salaries payable
Accumulated depreciation
Note payable due in
Accounts payable
Income tax payable
Dividends
Retained earnings INCORRECT
Profit
Owners capital
TOTAL LIABILITIES AND EQUITY
What is the correct heading for this statement? point
Multiple choice Question
The current title is correct.
Balance Sheet, Terrific Computer Systems Ltd Year ended December
Terrific Computer Systems Ltd Year ended December Balance Sheet
December Balance Sheet, Terrific Computer Systems Ltd
Balance Sheet, December Terrific Computer Systems Ltd
Terrific Computer Systems Ltd Balance Sheet, December
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