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The assets and liabilities of Thompson Computer Services at March 31, the end of the current year, and its revenue and expenses for the year
The assets and liabilities of Thompson Computer Services at March 31, the end of the current year, and its revenue and expenses for the year follow. The capital of the owner was $190,500 at April 1, the beginning of the current year. Mr. Thompson invested an additional $15,400 in the business during the year. Miscellaneous expense Accounts payable $1,200 $590 Accounts receivable 8,070 Office expense 430 Cash 35,890 Supplies 1,670 Fees earned. 76,320 Wages expense 34,440 Land 45,700 Drawing 6,400 Building 150,230 Prepare a balance sheet for Thompson Computer Services for the current year ended March 31. Thompson Computer Services Balance Sheet Total assets March 31 Assets ANDY Thompson Computer Services Balance Sheet March 31 Assets Total assets Liabilities Owner's Equity QQ Q 10 Total liabilities and owner's equity $
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