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THE OWNER, CARLA MERANTE, HAS ASKED YOU TO PREPARE THE CLASSIFIED BALANCE SHEET IN PROPER FORMAT FOR THE MONTH ENDED OCTOBER 31, 2021 FOR MERANTE
THE OWNER, CARLA MERANTE, HAS ASKED YOU TO PREPARE THE CLASSIFIED BALANCE SHEET IN PROPER FORMAT FOR THE MONTH ENDED OCTOBER 31, 2021 FOR MERANTE WORLD OF TRAVEL GIVEN THE FOLLOWING FINANCIAL DATA: LONG TERM NOTES RECEIVABLE 28,000 DEPRECIATION EXPENSE 44,000 TRADEMARK 27,000 LUGGAGE HANDLING FEES 26,000 CARLA MERANTE, WITHDRAWAL 50,000 ACCRUED LIABILITIES 15,000 SHORT TERM INVESTMENTS 23,000 ACCUMULATED DEPRECIATION-BUILDING 20,000 TICKET SALES 433,000 PREPAID ADVERTISING EXPENSE 12,000 UTILITIES EXPENSE 28,000 ACCOUNTS RECEIVABLE 69,000 MACHINERY SUPPLIES 13,000 ADVERTISING EXPENSE 22,000 PROPERTY TAXES PAYABLE 16,000 CASH 50,000 ACCUMULATED DEPRECIATION-COMPUTERS 15,000 ACCOUNTS PAYABLE 48,000 UNEARNED TICKET SALES 125.000 FRANCHISE 16,000 MORTGAGE PAYABLE 150,000 INVENTORY 185,000 BUILDING 200,000 TOUR REVENUE 142,000 COMPUTERS 90.000 SALARY PAYABLE 102,000 LAND 80,000 CARLA MERANTE, CAPITAL 75,000 NOTES RECEIVABLE 15,000 LAND HELD FOR FUTURE USE 62,000 BONDS PAYABLE 50,000 PASSENGER VANS 120,000 REPAIR EXPENSES PREPAID INSURANCE 47,000 SECURITY EXPENSE 23,000 ACCUMULATED DEPRECIATION - PASSENGER VANS 26,000 13,000
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