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Financial information related to Montana Interiors for October and November 20Y8 are as follows: ...

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Accounting

Financial information related to Montana Interiors for October and November 20Y8 are as follows:

Line Item Description October 31, 20Y8 November 30, 20Y8
Accounts payable $43,100 $46,500
Accounts receivable 95,300 109,500
Capital stock ? ?
Retained earnings 130,000 170,000
Cash 168,100 285,300
Supplies 8,400 7,000

Question Content Area

a. Prepare a balance sheet for Montana Interiors as of October 31, 20Y8.

Line Item Description Amount Amount
Assets
Accounts payableCapital stockCashRetained earningsCash $Cash
Accounts payableAccounts receivableCapital stockRetained earningsAccounts receivable Accounts receivable
Accounts payableCapital stockRetained earningsSuppliesSupplies Supplies
Total assets $Total assets
Liabilities
Accounts payableAccounts receivableCapital stockRetained earningsAccounts payable $Accounts payable
Stockholders Equity
Accounts payableAccounts receivableCapital stockCashCapital stock $Capital stock
Accounts payableAccounts receivableCashRetained earningsRetained earnings Retained earnings
Total stockholders' equity Total stockholders' equity
Total liabilities and stockholders' equity $Total liabilities and stockholders' equity
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