Question
Use the following account information to prepare the 2011 balance sheet for Blaze Industries in proper format. Wages payable - $880.00. Supplies - $80.00. Common
Use the following account information to prepare the 2011 balance sheet for Blaze Industries in proper format.
Wages payable - $880.00.
Supplies - $80.00.
Common stock - $10,000.00.
Equipment - $217,200.00.
Interest payable - $3,600.00.
Retained earnings - $27,520.00.
Accounts receivable - $400.00.
Long-term bonds payable - $150,000.00.
Cash - $3,050.00.
Advances from customers - $460.00.
Prepaid insurance - $830.00.
Accumulated depreciation - $29,100.00.
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Fundamental Managerial Accounting Concepts
Authors: Thomas Edmonds
6th Edition
78110890, 978-0078110894
