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The assets and liabilities of Amos Moving Services at March 31, 2010, the end of the current year, and its revenue and expenses for the
The assets and liabilities of Amos Moving Services at March 31, 2010, the end of the current year, and its revenue and expenses for the year are listed below. The capital of the owner was $180,000 at April 1, 2009, the beginning of the current year. Additional information: Mr. Amos made an additional investment of $25,000 during the year. Accounts Payable $1,200 Miscellaneous Expense $230 Accounts Receivable $10,340 Office Expense $1,240 Cash $33,990 Building $157,630 Fees Earned $84,350 Wages Expense $23,550 Land $47,000 Drawing $16,570 Prepare a balance sheet for the current year ended March 31, 2010
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