3-3A - $90,000 T. Wells, Withdrawals $50,000 Tuition Fees...

Info iconThis preview shows page 1. Sign up to view the full content.

View Full Document Right Arrow Icon
Balance Sheet Account Dr. Cr. Cash $34,000 Accounts Receivable $7,500 Teaching Supplies $2,800 Prepaid Insurance $9,600 Prepaid Rent Professional Library $35,000 Accumulated Deprecation – Professional Library $17,200 Equipment $80,000 Accumulated Deprecation – Equipment $28,200 Accounts Payable $26,000 Salaries Payable $400 Unearned Training Fees $7,500 T. Wells, Capital
Background image of page 1
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: $90,000 T. Wells, Withdrawals $50,000 Tuition Fees Earned Training Fees Earned Deprecation Expense Professional Library Deprecation Expense Equipment Salaries Expense Insurance Expense Rent Expense Teaching Supplies Expense Advertising Expense Utilities Expense Totals $218,900 $169,300 Net Balance $49,600 Page 1...
View Full Document

Ask a homework question - tutors are online