Prepare a balance sheet classifying and ordering all balance


Question: On December 31, Thomas Co. had the following list of accounts. Accounts Payable $ 25,000 Maintenance Expense $ 9,700 Accounts Receivable 29,900 Prepaid Rent 11,600 Beginning Retained Earnings 27,300 Rent Expense 5,200 O Capital Stock 64,500 Service Revenue 32,400 O Cash 68,200 Supplies 13,300 O Deferred Revenue 10,000 Supplies Expense 7,200 O Dividends 12,100 Travel Expense 2,000 Ending Retained Earnings 23,500 Required: Prepare a balance sheet on December 31, classifying and ordering all balance sheet accounts in the proper sections.

 

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Accounting Basics: Prepare a balance sheet classifying and ordering all balance
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