The following accounts are on the Balance Sheet section of Marble Company worksheet for the month ended August 31, 2021.
Posted: Sun Jun 05, 2022 8:11 pm
The following accounts are on the Balance Sheet section of
Marble Company worksheet for the month ended August 31, 2021.
Required: Prepare a classified balance sheet.
BALANCE SHEET
ACCOUNT
Debit Credit
Cash
4
Accounts Receivable
7
Merchandise Inventory 4
Store Equipment
12
Accum. Dep., Store Equip.
4
Accounts Payable
5
Mortgage Payable
13
Appleton, Capital
3
Additional information Withdrawals for the period are $4, and
Net Income is $6.
Marble Company worksheet for the month ended August 31, 2021.
Required: Prepare a classified balance sheet.
BALANCE SHEET
ACCOUNT
Debit Credit
Cash
4
Accounts Receivable
7
Merchandise Inventory 4
Store Equipment
12
Accum. Dep., Store Equip.
4
Accounts Payable
5
Mortgage Payable
13
Appleton, Capital
3
Additional information Withdrawals for the period are $4, and
Net Income is $6.