Prepare the balance sheet of Bartlett Sales Training

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Question - Presented below are the balances of the assets and liabilities of Bartlett Sales Training as of September ?30, 2020. Also included are the revenue and expense account balances of the business for September.

1. What type of business entity or organization is Bartlett Sales? Training? How can you? tell?

2. Prepare the balance sheet of Bartlett Sales Training as of September ?30, 2020.

3. Which financial statement reports on the financial? position? Which financial statement reports on the operating? results?

Consulting Service Revenue $63,000

Computer Equipment $78,000

Accounts Receivable 35,000

Supplies 6,400

Accounts Payable 34,000

Note Payable 60,000

Salaries Expense 9,700

Rent Expense 4,600

M. Bartlett, Capital ?

Cash 18,000

Reference no: EM132822036

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