Slide31 - Classified Balance Sheet Chan Autio Company...

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Unformatted text preview: Classified Balance Sheet Chan Autio Company Balance Sheet Januaryr 31, 20X2 Assets Liabilies and Owners’ Eqily Cllrerrl assets: Current iabilies: Cash $ 71,703 Accounts payable $117,1 00 Accounts receivatle 160,31] Uneamed rent revelme 2,500 Note receivable 4051]] Accrued wages payable 3,750 Accrued 'IIterest receivafle 400 Accrued 'nterest payatle 750 Merchalcise 'I'i'u'entriyr 250,201] Accrued itcometaxespayafle 11,21!) Prepaid rent 10 000 Note payable 100,000 Told curent asserts $532.6!!! Told curent iabities $235,310 Long-Hm asset: Stocldlolders’ Equity: Stae eqlipment $114,310 Pa'd-i'n capital $400511] Accumulated Reta'ned eam'ngs 11 200 411 200 depeciatim 1 000 1 1 3 900 Total $646,511] Total $646,500...
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