Prepare in good form a balance sheet for the year ended


The adjusted trial balance of Cavamanlis Co. as of December 31, 2011 contains the following.

Account Titles

Dr

Cr

Cash

$18,972


Accounts Receivable

6,920


Prepaid Rent

4,280


Equipment

20,050


Accumulated Depreciation


$5,895

Notes Payable


5,700

Accounts Payable


4,472

Common Stock


20,000

Retained Earnings


15,310

Dividends

4,000


Service Revenue


12,590

Salaries Expense

6,840


Rent Expense

2,760


Depreciation Expense

145


Interest Expense

83


Interest Payable


83


$64,050

$64,050


Instructions:

Prepare in good form a balance sheet for the year ended December 31, 2011.

 

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Financial Accounting: Prepare in good form a balance sheet for the year ended
Reference No:- TGS0777021

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