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would it be long term investments or long term liabilities? Presented below is the adjusted trial balance of Pharoah Corporati on at December 31, 2017.
would it be long term investments or long term liabilities? Presented below is the adjusted trial balance of Pharoah Corporati on at December 31, 2017. Debit Credit Cash Supplies 1,390 Prepaid Insurance 1,190 Equipment 48,190 Accumulated Depreciation-Equipment 4,190 Trademarks 1,140 Accounts Payable 10,190 Salaries and Wages Payable 690 Unearned Service Revenue 2,190 Bonds Payable (due 2024) 9,190 10,190 Common Stock Retained Earnings 25,190 10,190 Service Revenue 9,190 Salaries and Wages Expense 1,590 Insurance Expense 1,390 Rent Expense 1,090 Interest Expense Total Roiels Equity Current Liabilities 10,190 Accounts Payable 690 Salaries and Wages Payable 2,190 Unearned Service Revenue 13,070 Total Current Liabilities Long-term Liabilities 9,190 Bonds Payable 22260 Total Liabilities Stockholders' Equity 10,190 Common Stock 22120 Retained Earnings
would it be long term investments or long term liabilities?
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