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The accounts in the ledger of Sushi To Go Ltd contain the following balances on 31 July 2016: Accounts receivable $28,651 Prepaid insurance $3,593 Accounts
The accounts in the ledger of Sushi To Go Ltd contain the following balances on 31 July 2016:
| Accounts receivable | $28,651 | Prepaid insurance | $3,593 |
| Accounts payable | 13,295 | Repair expense | 1,726 |
| Cash | ? | Service revenue | 32,730 |
| Delivery equipment | 115,630 | Dividends | 1,200 |
| Fuel expense | 1,523 | Share capital | 76,900 |
| Insurance expense | 970 | Salaries expense | 9,352 |
| Bank loan | 55,300 | Salaries payable | 1,453 |
Retained earnings8,859
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Auditing and Assurance services an integrated approach
Authors: Alvin a. arens, Randal j. elder, Mark s. Beasley
14th Edition
133081605, 132575957, 9780133081602, 978-0132575959
