Question
The following is the partial adjusted trial balance for Nadia Service Company prepared at the end of 2016. The income statement and retained earnings statement
The following is the partial adjusted trial balance for Nadia Service Company prepared at the end of 2016. The income statement and retained earnings statement have already been prepared. The final line on the retained earnings statement is $12,480. Prepare a properly classified balance sheet (horizontal format).
| Nadia Service Company | ||
| Adjusted Trial Balance | ||
| December 31, 2016 | ||
| Cash | 5,130 | |
| Accounts Receivable | 3,300 | |
| Prepaid Rent | 550 | |
| Equipment | 12,400 | |
| Accumulated Depreciation | 2,200 | |
| Accounts Payable | 700 | |
| Notes Payable - Due on June 30, 2017 | 4,000 | |
| Common Stock | 2,000 |
| Nadia Company | ||||
| Balance Sheet | ||||
| December 31, 2016 | ||||
| Assets | Liabilities | |||
| Current Assets: | Current Liabilities: | |||
| Prop, Plant & Equip: | Stockholders Equity | |||
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Organizational Behavior Integrating Individuals Groups And Organizations
Authors: Joseph E. Champoux
4th Edition
0415804647, 9780415804646
