Reference no: EM132513866
Question 1: From the following information, as of December 31, 2015, prepare a Classified Balance Sheet for Vatican Shop of Gifts owned by Jonathan Benedict. Be sure to use the template to prepare the Balance Sheet.
Jonathan Benedict owns Jonathan Benedict owes
Cash $2,566.35
Bank Loan $19,000.00
Accounts
Receivable - 450.00
Accounts Payable - 900.00
R. Gregory Ceramic Supply
Accounts
receivable - 1,860.00
Accounts Payable - 2.900.00
P. Stanley Religious Art Co.
Supplies 1,000.00
Furniture 10,300.00
Equipment 20,000.00
Automobiles 37,800.00
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: Prepare a Classified Balance Sheet for Vatican Shop of Gifts owned by Jonathan Benedict. Be sure to use the template to prepare the Balance Sheet
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