Prepare a balance sheet, Accounting Basics

The balance sheet account as of July 31, 1995 for XYZ company are :

Capital: (fix lib)                            35,630
Office Equipment (ass)                  16730
Delivery Truck                             15900
Accounts Receivables(ass)            14180
Notes payable(lib                         1200
Cash(ass                                     7820
Accounts Payable                        5750
Salaries Payable                          2170
Delivery Supplies on hand            1050
Office Supplies on hand                870

Required:

Prepare a balance sheet as of july 31,1995 (Total Assets = 56,550)

Posted Date: 2/26/2013 12:53:19 AM | Location : United States







Related Discussions:- Prepare a balance sheet, Assignment Help, Ask Question on Prepare a balance sheet, Get Answer, Expert's Help, Prepare a balance sheet Discussions

Write discussion on Prepare a balance sheet
Your posts are moderated
Related Questions
Q. Explain about Traditional accounting theory? Conventional accounting theory consists of underlying assumptions rules of measurement major principles and modifying convention

An accounting perspective Business insight Accounting is essential for all three types of business organizations and every company must follow generally accepted accounting pri

how to develop a course project having to do with writing notes for a fictitious annual report

Illustrate the structure of brain Brain is capable of changing its structure in numerous ways. Synapses become stronger and denser. Tiny blood vessels increase in size and numb

Scott Manufacturing Co.'s static budget at 10,000 units of production includes $40,000 for direct labor and $4,000 for electric power. Total fixed costs are $23,000. At 12,000 un

The Bayside Company uses the LIFO cost flow method to value inventory. In the current year, profit at Bayside is running unusually high. The corporate tax rate is also high this ye

If a customer payment data was lost and needed to be reconstructed what are some of the ethical considerations the business owner would need to consider? This may include internal

Cost sheet is sheet Where all the cost should be recorded which related to the produc.

how do i prepare a multilevel and single step income statement

application/realization in history of accounting