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Posted: **Wed May 04, 2022 7:17 am**

: 15 View Policies Current Attempt In Progress Sarah Allen Is The Sole Owner Of Blossom Vista Park A Public Camping Grou 1 (18.67 KiB) Viewed 56 times

: 15 View Policies Current Attempt In Progress Sarah Allen Is The Sole Owner Of Blossom Vista Park A Public Camping Grou 2 (17.52 KiB) Viewed 56 times

+15 View Policies Current Attempt in Progress Sarah Allen is the sole owner of Blossom Vista Park, a public camping ground near the Crater Lake National Recreation Area. Sarah has compiled the following financial information as of December 31, 2022. Revenues during 2022-camping fees $172,690 $172690 Fair value of equipment Notes payable Revenues during 2022-general store 80.177 74,010 Accounts payable 13,568 Expenses during 2022 185,025 Cash on hand 28,370 Accounts receivable 21,586 Original cost of equipment 130,134 (a) Determine Sarah Allen's net income from Blossom Vista Park for 2022. Net income $ (b) !!! ***
Prepare a balance sheet for Blossom Vista Park as of December 31, 2022. (List Assets in order of liquidity) BLOSSOM VISTA PARK Balance Sheet Assets Liabilities and Owner's Equity