Ass1 - Accounts Payable Studio & equipment...

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T Accounts: Cash Accounts Receivable Raw materials 63,000 925,000 Bal. 45,000 200,000 185,000 Bal. 30,000 Video in process Finished videos awaiting sale Prepaid insurance Bal. 103,000 600,000 Bal. 31,000 550,000 1,400 170,000 600,000 290,000 Bal. 81,000 82,000 Bal. 45,000 Less accumulated depreciation
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Unformatted text preview: Accounts Payable Studio & equipment 21,000 500,000 730,000 72,000 86,000 285,000 Retained Earnings Capital stock 270000 420,000 Total Liabilities & Equity 850,000 Total assets 850,000 Advertising expense 130,000 Salaries & wage payable 287,000 y...
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Ass1 - Accounts Payable Studio & equipment...

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