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The account balances on December 31, 2019, are shown by the following list of accounts: Cash R.O 21,000 Account Receivable 5,000 Prepaid Rent expense 500
The account balances on December 31, 2019, are shown by the following list of accounts: Cash R.O 21,000 Account Receivable 5,000 Prepaid Rent expense 500 Office Supplies 2,000 Account payable 1,000 Equipment 25,000 Share, Capital 15,000 Service Revenues 20,000 Accumulated Depreciation - Equipment 10,000 Salary Expenses 6,000 Rent Expenses 1,000 Supplies Expenses 2.000 Utilities Expenses 3,500 Based on previous information the total assets equal
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