At September 1, 2022 the balance sheet accounts for Blossom's Restaurant were as follows: ...
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Accounting
At September 1, 2022 the balance sheet accounts for Blossom's Restaurant were as follows:
Accounts Payable
$4,100
Land
$32,300
Accounts Receivable
1,700
Common Stock
?
Buildings
72,000
Notes Payable
46,500
Cash
5,400
Supplies
3,600
Equipment
16,300
Retained Earnings
45,500
The following transactions occurred during the next two days: On September 2, stockholders invested an additional $21,000 cash in the business. The accounts payable were paid in full. Assuming these were the only two transactions during the first three days of September, prepare a balance sheet at September 3, 2022. (List Assets in order of liquidity.)
BLOSSOM'S RESTAURANT Balance Sheet For the Year Ended September 3, 2022At September 3, 2022For the Month Ended September 3, 2022
ASSETS
enter a balance sheet item
$enter a dollar amount
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enter a balance sheet item
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select a closing section name for this part of the balance sheet Current AssetsExpensesIntangible AssetsLiabilitiesLong-term InvestmentsLong-term LiabilitiesNet Income / (Loss)Property, Plant and EquipmentRevenuesStockholders' EquityTotal AssetsTotal Current AssetsTotal ExpensesTotal Intangible AssetsTotal LiabilitiesTotal Liabilities and Stockholders' EquityTotal Long-term InvestmentsTotal Long-term LiabilitiesTotal Property, Plant and EquipmentTotal RevenuesTotal Stockholders' Equity
$enter a total amount for this part of the balance sheet
LIABILITIES AND STOCKHOLDERS' EQUITY
select an opening name for section one Current AssetsExpensesIntangible AssetsLiabilitiesLong-term InvestmentsLong-term LiabilitiesNet Income / (Loss)Property, Plant and EquipmentRevenuesStockholders' EquityTotal AssetsTotal Current AssetsTotal ExpensesTotal Intangible AssetsTotal LiabilitiesTotal Liabilities and Stockholders' EquityTotal Long-term InvestmentsTotal Long-term LiabilitiesTotal Property, Plant and EquipmentTotal RevenuesTotal Stockholders' Equity
enter a balance sheet item
$enter a dollar amount
select an opening name for section two Current AssetsExpensesIntangible AssetsLiabilitiesLong-term InvestmentsLong-term LiabilitiesNet Income / (Loss)Property, Plant and EquipmentRevenuesStockholders' EquityTotal AssetsTotal Current AssetsTotal ExpensesTotal Intangible AssetsTotal LiabilitiesTotal Liabilities and Stockholders' EquityTotal Long-term InvestmentsTotal Long-term LiabilitiesTotal Property, Plant and EquipmentTotal RevenuesTotal Stockholders' Equity
enter a balance sheet item
$enter a dollar amount
enter a balance sheet item
enter a dollar amount
select a closing name for section two Current AssetsExpensesIntangible AssetsLiabilitiesLong-term InvestmentsLong-term LiabilitiesNet Income / (Loss)Property, Plant and EquipmentRevenuesStockholders' EquityTotal AssetsTotal Current AssetsTotal ExpensesTotal Intangible AssetsTotal LiabilitiesTotal Liabilities and Stockholders' EquityTotal Long-term InvestmentsTotal Long-term LiabilitiesTotal Property, Plant and EquipmentTotal RevenuesTotal Stockholders' Equity
enter a total of the two previous amounts
select a closing name for this part of the balance sheet Current AssetsExpensesIntangible AssetsLiabilitiesLong-term InvestmentsLong-term LiabilitiesNet Income / (Loss)Property, Plant and EquipmentRevenuesStockholders' EquityTotal AssetsTotal Current AssetsTotal ExpensesTotal Intangible AssetsTotal LiabilitiesTotal Liabilities and Stockholders' EquityTotal Long-term InvestmentsTotal Long-term LiabilitiesTotal Property, Plant and EquipmentTotal RevenuesTotal Stockholders' Equity
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