Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The trial balance as of July 31, 2024, for Susan Smith, Registered Dietician, is presented below: Click the icon to view the trial balance.) Read

image text in transcribed
image text in transcribed
The trial balance as of July 31, 2024, for Susan Smith, Registered Dietician, is presented below: Click the icon to view the trial balance.) Read the requirements Retained Earnings, July 31, 2024 6,888 Requirement 3. Prepare the balance sheet as of July 31, 2024. (If a box is not used in the statement, leave the box empty, do not select a tabel or enter a zero.) Susan Smith, Registered Dietician Balance Sheet July 31, 2024 Assets Liabilities Cash 32000 || Accounts Payable Accounts Receivable 9600 Unoamed Revenue 5712 Office Supplies 1600 Notes Payable 32000 39312 Prepaid Insurance 3000 Total Liabilities Equipment 24000 Stockholders' Equity 1600 Total Stockholders' Equity 70200 Total Liabilities and Stockholders' Equity Total Assets ul The trial balance as of July 31, 2024, for Susan Smith, Registered Dietician, is presented below: Click the icon to view the trial balance.) Read the requirements Retained Earnings, July 31, 2024 6,888 Requirement 3. Prepare the balance sheet as of July 31, 2024. (If a box is not used in the statement, leave the box empty, do not select a label or enter a zero.) Susan Smith, Registered Dietician Balance Sheet July 31, 2024 Assets Liabilities Cash $ 32,000 Accounts Payable $ 1,600 Accounts Receivable 9,600 Uneamed Revenue 5,712 Office Supplies 1,600 Notes Payable 32,000 Prepaid Insurance 3,000 Total Liabilities 39,312 Equipment 24,000 Stockholders' Equity Common Stock 24,000 Retained Earnings Total Stockholders' Equity 5 70.200 3 70.200 Total Assets Total Liabilities and Stockholders' Equity ui

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

The Essential Controller An Introduction To What Every Financial Manager Must Know

Authors: Steven M. Bragg

2nd Edition

1118169972, 9781118169971

More Books

Students also viewed these Accounting questions

Question

Write a suitable thesis statement for the ideal western diet

Answered: 1 week ago