- The Adjusted Trial Balance For Carla Vista Corporation At July 31 2021 The Corporation S Fiscal Year End Contained Th 1 (80.35 KiB) Viewed 9 times
The adjusted trial balance for Carla Vista Corporation at July 31, 2021, the corporation's fiscal year end, contained th
-
- Site Admin
- Posts: 899603
- Joined: Mon Aug 02, 2021 8:13 am
The adjusted trial balance for Carla Vista Corporation at July 31, 2021, the corporation's fiscal year end, contained th
The adjusted trial balance for Carla Vista Corporation at July 31, 2021, the corporation's fiscal year end, contained the following: Accounts payable $91,000 Note payable $133,000 Accounts receivable 106,500 Lease liability 62,000 Bonds payable, due 2025 195,000 Note receivable, due December 2021 33,500 Interest payable 5,000 Unearned revenue 9.500 Of the lease liability amount, $15,500 is due within the next year. Total payments on the note payable in the fiscal year 2022 will be $25,500: $6,500 is for interest and $19,000 for principal repayments. (a) Prepare the non-current liabilities section of the balance sheet as at July 31, 2021. (Enter account name only and do not provide descriptive information.) CARLA VISTA CORPORATION Balance Sheet (Partial) DODO