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Unformatted text preview: 500 Land 25,000 Office Equipment 10,000 Accumulated Depreciation Office Eq. (167) Total Assets 67,663 Liabilities and Stockholders Equity Long Term Notes Payable 25,000 Accrued Salaries and Wages 300 Total Liabilities 25,300 Owners Equity Common Stock 50,000 Retained Earnings (7,667) Total Owners Equity 42,333 Total Liabilities and Owners Equity 67,663...
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This note was uploaded on 04/11/2011 for the course STA 215 taught by Professor Tba during the Fall '08 term at Grand Valley State University.
- Fall '08