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StormLrd StormLrd
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6 years ago
The following alphabetical listing shows the assets, liabilities, and shareholders' equity for Zap Ltd. as of December 31, 2014. Prepare a balance sheet dated December 31, 2014.

Accounts payable   $12,200   Inventory   $23,500
Accounts receivable   21,000   Note payable   11,000
Cash   21,600   Retained earnings   17,100
Common shares   50,600   Salary payable    2,300
Equipment   24,600   Supplies   2,500
Textbook 
Cost Accounting: A Managerial Emphasis, Canadian Edition

Cost Accounting: A Managerial Emphasis, Canadian Edition


Edition: 7th
Authors:
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TheSinTheSin
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6 years ago
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