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28 Sep 2019
The adjusted trial balance for Rich Landscape at December 31, 2014, contains the following accounts. Debits Credits Buildings $128.000 Common Stock 80.000 Interest expense $2.600 Retained Earnings 28.000 Accounts Receivable 7.540 Accumulated Depreciation-Buildings 42.600 Prepaid Insurance 4.680 Accounts Payable 12.300 Cash 18.040 Notes Payable 95.000 Equipment 62.400 Accumulated Depreciation-Equipment 18.720 Land 67.000 Interest Payable 2.600 Insurance Expense 780 Service Revenue 19.180 Depreciation Expense 7.360 $298.400 Toals $298.400 Prepare the classified balance sheet
The adjusted trial balance for Rich Landscape at December 31, 2014, contains the following accounts. | |||||
Debits | Credits | ||||
Buildings | $128.000 | Common Stock | 80.000 | ||
Interest expense | $2.600 | Retained Earnings | 28.000 | ||
Accounts Receivable | 7.540 | Accumulated Depreciation-Buildings | 42.600 | ||
Prepaid Insurance | 4.680 | Accounts Payable | 12.300 | ||
Cash | 18.040 | Notes Payable | 95.000 | ||
Equipment | 62.400 | Accumulated Depreciation-Equipment | 18.720 | ||
Land | 67.000 | Interest Payable | 2.600 | ||
Insurance Expense | 780 | Service Revenue | 19.180 | ||
Depreciation Expense | 7.360 | ||||
$298.400 | Toals | $298.400 | |||
Prepare the classified balance sheet |
Collen VonLv2
28 Sep 2019
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