Chapter 3 - SE10

Chapter 3 - SE10 - Accounts payable $420 Wages payable 80...

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Chapter 3, E10 Fish Bowl Cleaning Company, Inc. Balance Sheet August 31, 20xx Asssets Cash $4,590 Accounts receivable 2,592 Prepaid insurance 380 Prepaid rent 200 Cleaning supplies 152 Cleaning equipment 3,200 Less accumulated depreciation 320 2,880 Truck $7,200 Less accumulated depreciation 720 6,480 Total assets $17,274 Liabilities
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Unformatted text preview: Accounts payable $420 Wages payable 80 Unearned janitorial revenue 920 Income taxes payable 800 Total liabilities $2,220 Stockholder's Equity Common stock $4,000 Retained earnings 11,054 Total stockholders' equity 15,054 Total liabilities and stockholders' equity $17,274...
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This note was uploaded on 07/27/2011 for the course ACCT 101 taught by Professor Ronbell during the Spring '11 term at UCSD.

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