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adell [148]
3 years ago
5

BRAINLIEST Prepare a balance sheet in proper format for the company as of December 31st based on the following accounts. Answer

questions 8 through 10 based on this balance sheet.
Accounts Payable

5,000



Long-term Notes Receivable

10,000

Accounts Receivable

15,000


Accrued Expenses

3,000

Cash

10,000


Short-term Notes Payable

7,000

Retained Earnings

2,000


Accumulated depreciation

2,000

Prepaid Expenses

3,000


Capital Stock

8,000

Supplies

7,000




8. What are the company’s total liabilities?

Question 8 options:

$10,000


$25000


$7000


$28,000
Business
1 answer:
tia_tia [17]3 years ago
4 0

Answer:

$28000

....

$28000,....

.

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