TOTES January 1, 20 TAK Assets Liabilities & Stockholders' Equity INVER Liabilities: Cash $ 33.000 Accounts receivable........ 51,150 Land 313,500 Accounts payable Total liabilities $74.250 $ 74,250 ) YA Building 371.250 52.750 Equipment Owners' equity: Capital stock. Total liabilities and 752.400 YA Total assets................... $826.650 owners' equity. $826.650 During the first few days of January, the following transactions occurred: Jan 1 3 The business borrowed 599,000 from the bank giving a note payable due in 90 days. Additional capital stock was issued in exchange for $44,550 cash Equipment was purchased for $62.700 on credit 3 5 The business collected $26.400 of its accounts receivable and paid 537.950 of its accounts payable AutoSe D shoe metro, question Protected View - Sean File Home Insert Draw Page Layout Formulas Data Review View Help O PROTECTED VIEW Be careful-files from the Internet can contain viruses. Unless you need to edit it's safer to stay in Protected SIGN IN TO OFFICE looks like your stored credentials are out of date. Please sign in as tarik salahDalima group.com so we can F G 250 DE The following items are listed in alphabetical order Accounts Payable $1,250 Notes Receivable 1.000 3 Accounts Receivable 1,800 Retained Earnings 500 Salaries Expense 750 4 Advertising Expense 5 Building 52.000 Salaries Payable 6 Capital Stock 59,675 Sales Revenue 11,000 7 Cash 6,200 Supplies 2.325 Equipment 5,600 Supplies Expense 1,800 9 leverest Expense 200 Utilities Expense 100 10 Interest Receivable 1,100 Vans 4,000 11 Notes Payable 9,000 Vehicle 3.800 13 Required 14 a.Prepare the income statement of Shoe Metro for the month ended August 31, 2012 15 c.Prepare the company's balance sheet at August 31, 2012 The account balances for Creative Band, Inc. as of May 31, 2009, are listed below in alphabetical order: EIVER Accounts Payable $12.000 Accounts Receivable $14,000 Building $ 48,000 Capital Stock $ 92,000 Cash $ 8,000 Equipment $ 18,000 Land $ 52,000 Notes Payable $ 30,000 YAKI SITY Creative Band, Inc collected $4,000 of its accounts receivable and paid $7,000 of its accounts payable. In addition, 2,000 of additional shares of capital stock are issued for $5,600. Q1 Refer to the above data in a trial balance prepared on May 31, 2009, the sum of the debit column is: Ltfen birini sein: a. $120.000 b. Some other amount C. $156,000 d. 5134,000