Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. balance sheet accounts amount cash 146,200

Balance Sheet Accounts Amount Cash 146,200 ...

60.1K

Verified Solution

Question

Accounting

Balance Sheet Accounts Amount
Cash 146,200
Accounts Receivable 20,900
Supplies 6,300
Prepaid Insurance 5,300
Equipment 121,000
Accumulated Depreciation 74,300
Accounts Payable 15,900
Interest Payable 2,300
Salaries Payable 4,700
Unearned Revenue 45,000
Notes Payable (due in 4 years) 37,600
Owner's Capital 119,900

Please make a balance sheet with the company name Rabbit Run Landscaping, date December 31, and please make it on excel and attached answer as an excel file. Thank you.

This is an example :

image

MIDTOWN REPAIR COMPANY Balance Sheet December 31 Assets Current assets Cash .... Notes receivable Prepaid insurance Prepaid rent... Total current assets Plant assets Equipment ... Less: Accumulated depreciation-Equipment Total plant assets. Total assets... $ 95,600 50,000 16,000 4,000 165,600 $170,000 (57,000) 113,000 $278,600 Liabilities $ 52,000 Current liabilities Accounts payable.... Long-term liabilities Long-term notes payable... Total liabilities..... 63,000 115,000 Equity C. Trout, Capital ... Total liabilities and equity.. 163,600 $278,600

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students