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Where is the mistake on the balance sheet Credit Debit 6,800 17,560 1,290 900 15,350 12,800 89,900 + Account Cash Accounts Receivable Prepaid Rent Office
Where is the mistake on the balance sheet
Credit Debit 6,800 17,560 1,290 900 15,350 12,800 89,900 + Account Cash Accounts Receivable Prepaid Rent Office supplies Furniture Accumulated depreciation -furniture Buildings Accumulated depreciation - buildings Accounts payable Unearned commission revenue 4Long-term Debt Common stock Retained earnings Dividends Commission Revenue Salary expense Utilities expense Advertising expense Total 28,600 6,240 3,900 15,000 10,000 54,920 4,800 7,800 1,600 410 -650 139,260 139,260 Nix Insurance Agency, Inc. Balance Sheet December 31, 2022 Assets: Current Assets: 161800 Accounts Receivable 1715700 Prepaid Rent Office Supplies 900 Property, Plant, Equipment: turniture 15,350 Accumulated Dep. - Humiture 12,800) 99,900 Accumuldfed Dep.- Buildings (28,600) Total Assets 261550 2 550 90,400 Liabilities & Stockholders' Equity Current Liabilities: Accounts Payable le, 240 un earned commission Rev 3900 Tong term Debt 151000 Total Liabilities Stockholders' Equity: common, stuck 10,000 Regined carnings 54,920 Dividends Total Liabilities & Stockholders' Equity 164,920 ago, are o Step by Step Solution
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