The adjusted trial balance for Martinez Bowling Alley at December 31, 2022, contains the following...
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Accounting
The adjusted trial balance for Martinez Bowling Alley at December 31, 2022, contains the following accounts. Buildings Accounts Receivable Prepaid Insurance Cash Equipment Land Insurance Expense Depreciation Expense Interest Expense Debit $128,600 14,800 4,100 19,100 62,200 65,600 500 6,800 2,500 $304,200 Common Stock Retained Earnings Accumulated Depreciation-Buildings Accounts Payable Notes Payable Accumulated Depreciation-Equipment Interest Payable Service Revenue Credit $90,100 26,400 42,900 11,100 96,400 18,900 2,000 16,400 $304,200
Prepare a classified balance sheet; assume that $18,500 of the note payable will be paid in 2023. (List Property, plant and equipment in order of land, buildings and equipment. List Current Assets in order of Bquidity) The adjusted trial balance for Martinez Bowling Alley at December 31,2022, contains the following accounts. Liabilities and Stockholders' Equity
The adjusted trial balance for Martinez Bowling Alley at December 31, 2022, contains the following accounts. Buildings Accounts Receivable Prepaid Insurance Cash Equipment Land Insurance Expense Depreciation Expense Interest Expense Debit $128,600 14,800 4,100 19,100 62,200 65,600 500 6,800 2,500 $304,200 Common Stock Retained Earnings Accumulated Depreciation-Buildings Accounts Payable Notes Payable Accumulated Depreciation-Equipment Interest Payable Service Revenue Credit $90,100 26,400 42,900 11,100 96,400 18,900 2,000 16,400 $304,200



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