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What I have answered so far is correct. I just need help with whatever I am missing. E2-15 Analyzing and Recording Transactions, and Preparing and

What I have answered so far is correct. I just need help with whatever I am missing. image text in transcribed
E2-15 Analyzing and Recording Transactions, and Preparing and Evaluating a Balance Sheet [LO 2-2, LO 2-3. LO 2-4. LO 2-5] Business Sim Corp. (BSC) issued 1,500 common sheres to Kelly in exchange for $23,000 BSC bomowed 44000 trom the bank, promising to repay it in two yeers. BsC paid $49,000 for computer equipment with check number 101 and signed a note for $7000 due in six months. BSC recelved SUS0 of supplies purchesed on account. BSC's loan contains a clause covenant) that requines BSC to maintain a ratio of current assets to current Babiities of at least 22 Section Break E2-15 Analyzing and Recording Transactions Preparing and Evaluatinga Balance Sheet [LO 2-2. LO 2 3. LO 2-4, LO 2-5 7.00 points E2-15 Part 3 . Assuming BSC entered into no other activities during its first year ended September 30, prepare the company's classified balance sheet Include a balance of zero in Retained Eamings Balance et At 30 Assets Assets Cash $ 18 Supplies Accounts Payable Total Curment Assets Total Current Liabilibes 8 150 Equipment 56 52.150 23 Retained Earnings 23,000 Total Assets 75.150 Total Liabilities and Stockholders' EquityS75,150

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