This preview shows pages 1–2. Sign up to view the full content.
This preview has intentionally blurred sections. Sign up to view the full version.View Full Document
Unformatted text preview: 7,000 Less: Dividends 2,000 Retained earnings, July 31 $ 5,000 TURNER COMPANY Balance Sheet July 31, 2008 Assets: Cash Accounts receivable Office equipment TOTAL ASSETS Liabilities: Accounts payable Notes payable Total Liabilities Stockholders Equity: Capital stock Retained earnings Total Stockholders Equity TOTAL LIABILITIES & STOCKHOLDERS EQUITY...
View Full Document