Cash $19,000 Accounts receivable Prepaid rent 168,000 5,800 Supplies 29,000 Equipment 340,000 Accumulated depreciation $133,000...
50.1K
Verified Solution
Question
Accounting
Cash $19,000 Accounts receivable Prepaid rent 168,000 5,800 Supplies 29,000 Equipment 340,000 Accumulated depreciation $133,000 Accounts payable salaries payable 12,000 3,300 Interest payable 2,000 Notes payable (due in two years) 28,000 Common stock Retained earnings 180,000 88,900 Dividends 21,000 Service revenue Salaries expense 183, eee Advertising expense 77,000 16,000 Rent expense Depreciation expense 33,000 Interest expense utilities expense 2,700 41,000 Totals $939,700 $939,700 please Prepare a classified balance sheet for China Tea Company as of December 31 ( amounts to be deducted should be indicated with a minus sign.)
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!
Other questions asked by students
StudyZin's Question Purchase
1 Answer
$0.99
(Save $1 )
One time Pay
- No Ads
- Answer to 1 Question
- Get free Zin AI - 50 Thousand Words per Month
Best
Unlimited
$4.99*
(Save $5 )
Billed Monthly
- No Ads
- Answers to Unlimited Questions
- Get free Zin AI - 3 Million Words per Month
*First month only
Free
$0
- Get this answer for free!
- Sign up now to unlock the answer instantly
You can see the logs in the Dashboard.