Accounts relate to keenal real estate, Financial Accounting

Prepare a financial statement from alphabetic listing of accounts:
A number of accounts balances are listed below these accounts relate to Keenal Real Estate. During the year just ended. Keenel invested additional of 7500 in the business
Accounts payable                                12250
Accounts Receiveable                          21900
Advertising expense                           10500
Building                                            45000
Cash                                                 3620
Entertainment Expense                      16400
Equipment                                       21700
Interest Expense                              3700
Land                                              12000
Misc Expance                                    2460
Mortgage Payable                            39500
Notes Payable                                  21300
Office supplies on hand                     1720
Real Estate commission earned        143750
Salalries payable                              1730
Travel Expense                              15900
Withdrawls                                     14860
keenan Capital Dec 31 1995             xxxxx
Keenan Capital Jan 1 1995              11050

Required:
Prepare the three principal financial statements from the data of the year ended Dec 31, 1995.

(Total Assets will be = 105940)

Posted Date: 3/15/2013 5:17:40 AM | Location : United States







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