Solution-Create a balance sheet with this trial balance

Create a balance sheet with this trial balance

Reference no: EM13974218

Create a Balance Sheet with this Trial Balance:

	Debits	Credits
Cash	$713,083
Inventory	$1,500
Prepaid Rent	$11,000
Prepaid Insurance	$8,000
Cost Goods Sold	$78,500
Accounts Receivable	$60,000
Equipment	$300,000
Rent Expense	$1,000
Interest Expense	$417
Salary Expense	$30,000
Depreciation Expense	$36,000
Utility Expense	$1,500
Accumulated Depreciation		$36,000
Sales Revenue		$120,000
Account Payable		$30,000
Notes Payable		$50,000
Deferred Renvenue		$5,000
Commcn Stock		$100,000
Total	$1.241,000	$1,241,000

Reference no: EM13974218

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Create a balance sheet with this trial balance

Reference no: EM13974218

Reference no: EM13974218

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