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The following accounts are taken from the December 31 financial statements of Scotia fentad Properties a proprie torshio owmer by. Wiliam Defosier. A (B) Accounts
The following accounts are taken from the December 31 financial statements of Scotia fentad Properties a proprie torshio owmer by. Wiliam Defosier. A (B) Accounts payable $9,440 Accounts receivable Building 260.000 Cath W. DeRosier, drawings 12,500 Insurance expense Interest expense. Interest payabie 410 W. DeRosier, capital, beginning of year AB,830. Mortcage paruble 215.200 Fquipment A. 080 Prepaid inkurance 560 (c) The parts of this question must be completed in order. This part will be wailable when you complete the part above (d) The followine accounts are taken from the December 31 fnancial statements of Scotia Rental Properties, a proprietorship owned by Willam Deftosier. For each of the above accounts, indicate in column A wivether the item is an Asset, Llabdity, Capital, Drawings. Revenue, of Expemse item and in colung 8 on which financial statement-income statement statement of owner s equity, andior balance - Sheet-nachitem would be regorted. (c) The parts of this question must be completed in order. This part will be available when you complete the part above
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