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Wolfpack Construction has the following account balances at the end of the year. Accounts Balances Equipment $ 20,000 Accounts payable 1,800 Salaries expense 27,000 Common
Wolfpack Construction has the following account balances at the end of the year.
Accounts | Balances | ||
Equipment | $ | 20,000 | |
Accounts payable | 1,800 | ||
Salaries expense | 27,000 | ||
Common stock | 10,000 | ||
Land | 12,000 | ||
Notes payable | 14,000 | ||
Service revenue | 33,000 | ||
Cash | 4,800 | ||
Retained earnings | ? | ||
Required:
Use only the appropriate accounts to prepare a balance sheet.
Required:
Use only the appropriate accounts to prepare a balance sheet.
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