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Q-4: Prepare a Balance sheet of company ABC for the year 31/Dec/2019 (7 marks) S.no Value Items Asset 1 Inventory 2 Land 3 Equipment Accumulated
Q-4: Prepare a Balance sheet of company ABC for the year 31/Dec/2019 (7 marks) S.no Value Items Asset 1 Inventory 2 Land 3 Equipment Accumulated depreciation 4 and amortization Liabilities and shareholders' equity 1 Treasury stock 2 Retained Earning 3 Deferred revenue 4 accrued expenses 15000 24300 50000 -2000 197100 2000 5000 10000 -5200 5 Common stock additional paid in 20000 6 capital 10000 7 accounts payable 40000 Payable Emphasis 250000 4000 100000 5 Account receivable 6 Investment 7 Intangible asset 8 Building and improvement 9 Prepaid expenses 10 Cash 20000 30000 10000 [07 Marks]
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