Balance Sheet - Thy Ngo.xlsx - HBM 491(2 Balance Sheet Exercise(12 points Using the account items listed below prepare a balance sheet using the report

Balance Sheet - Thy Ngo.xlsx - HBM 491(2 Balance Sheet...

This preview shows page 1 - 3 out of 3 pages.

HBM 491 (2) Balance Sheet Exercise (12 points) Using the account items listed below, prepare a balance sheet using the report Accounts Payable $24,150 Accounts Receivable $21,725 Accrued Expenses $7,500 Accumulated Depreciation $597,500 Additional Paid In capital $22,000 Advance Deposits $1,750 Allowance for Doubtful Accounts $1,975 Building $1,367,500 Cash $8,000 Common Stock $299,700 Construction in Progress $29,250 Current Maturities of Long-term Debt $27,750 Deferred Charges - uniforms $6,200 Demand Deposits $4,750 Food and Beverage Inventories $21,000 Furnishings & Equipment $380,250 Goodwill $47,750 Guest Room Supplies $6,250 House Banks $6,250 Long term mortgage $382,000 Non-Current Operating Equipment $12,750 Obligations under capital leases $300,000 Operating Equipment - current $10,000 Prepaid Expenses $5,400 Retained Earnings $287,500 Short term investments $5,750 Treasure Stock Acquired $25,750 Unredeemed Gift Certificates $6,750 format on the 2nd page. Please use MS Excel to work on this assignment.
Image of page 1
Balance Sheet Assets Current Assets House Bank $6,250 Demand Deposits $4,750 Food and Beverage Inventories $21,000 Short term investments
Image of page 2
Image of page 3

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture