Prepare a balance sheet for the year ended december

Reference no: EM132217026

Question - The assets and liabilities of Rocky's Day Spa on December 31 and its revenue and expenses for the year are listed below. The capital of the owner was $68,000 on January 1. The owner invested an additional $10,000 during the year.

Accounts payable	$4,375	Spa operating expense	$23,760
Accounts receivable	8,490	Office expense	2,470
Cash	???	Spa supplies	9,230
Fees earned	98,435	Wages expense	26,580
Spa furniture & equipment	56,000	Drawing	38,170
Computers	2,130

Prepare a balance sheet for the year ended December 31.

Reference no: EM132217026

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