Homework SourseEPAIR Solution Dear Student Best effort has been made to giv
EPAIR
Solution
Dear Student,
Best effort has been made to give quality and correct answer. But if you find any issues please comment your concern. I will definitely resolve your query.
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| Balance sheet | ||
| Assets | ||
| Cash | $ 2,850 | |
| Accounts Receivable | $ 3,490 | |
| Supplies | $ 1,800 | |
| Equipment | $ 13,550 | |
| Less: Accumulated Depreciation | $ 1,930 | $ 11,620 |
| Total Assets | $ 19,760 | |
| Liabilities & Stockholder\'s Equity | ||
| Liability | ||
| Accounts Payable | $ 2,610 | |
| Unearned service Revenue | $ 1,810 | |
| Salary and Wages payble | $ - | |
| Total Liability | $ 4,420 | |
| Stockholder\'s Equity | ||
| Common Stock | $ 9,616 | |
| Retained Earnings | $ 5,724 | |
| Total Stock Holder\'s Equty | $ 15,340 | |
| Total Liabilities & Stockholder\'s Equity | $ 19,760 |
