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  • Balance Sheet: Mohit Kataria QB Case 9 Tuscany Landscapes

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    api-302431884
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    The balance sheet shows the company has $4,920 in its checking account and $2,370 in undeposited funds for total current assets of $7,290. Fixed assets include a $800 mower with $300 in accumulated depreciation and $200 in trimmer equipment for total fixed assets of $700. The total assets are $7,990, which equals total equity of $7,990, consisting of an opening balance of $1,500 and net income of $6,490.

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    The balance sheet shows the company has $4,920 in its checking account and $2,370 in undeposited funds for total current assets of $7,290. Fixed assets include a $800 mower with $300 in accumulated depreciation and $200 in trimmer equipment for total fixed assets of $700. The total assets are $7,990, which equals total equity of $7,990, consisting of an opening balance of $1,500 and net income of $6,490.

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    © All Rights Reserved
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    24 просмотров1 страница

    Balance Sheet: Mohit Kataria QB Case 9 Tuscany Landscapes

    Загружено:

    api-302431884
    The balance sheet shows the company has $4,920 in its checking account and $2,370 in undeposited funds for total current assets of $7,290. Fixed assets include a $800 mower with $300 in accumulated depreciation and $200 in trimmer equipment for total fixed assets of $700. The total assets are $7,990, which equals total equity of $7,990, consisting of an opening balance of $1,500 and net income of $6,490.

    Авторское право:

    © All Rights Reserved
    Скачайте в формате PDF, TXT или читайте онлайн в Scribd
    Отметить как неприемлемый контент
    из 1

    Mohit Kataria QB Case 9 Tuscany Landscapes

    8:03 PM

    Balance Sheet
    As of December 31, 2020

    11/27/2015
    Accrual Basis
    Dec 31, 20

    ASSETS
    Current Assets
    Checking/Savings
    Checking
    Total Checking/Savings

    4,920.00
    4,920.00

    Other Current Assets


    12000 Undeposited Funds
    Total Other Current Assets
    Total Current Assets

    2,370.00
    2,370.00
    7,290.00

    Fixed Assets
    14000 Mower
    17000 Accumulated Depreciation
    18000 Trimmer Equipment
    Total Fixed Assets
    TOTAL ASSETS

    800.00
    -300.00
    200.00
    700.00
    7,990.00

    LIABILITIES & EQUITY


    Equity
    30000 Opening Balance Equity

    1,500.00

    Net Income

    6,490.00

    Total Equity
    TOTAL LIABILITIES & EQUITY

    7,990.00
    7,990.00

    Page 1 of 1

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