Top Posters
Since Sunday
r
4
L
4
3
d
3
M
3
l
3
V
3
s
3
d
3
a
3
g
3
j
3
Home Q & A Board Other Fields Homework Help Business Accounting
New Topic  
StormLrd StormLrd
wrote...
Go to Answer
Posts: 1017
Rep: 0 0
6 years ago
Tap Corporation gathered together the following information regarding the asset, liability, shareholders' equity, revenue, and expense accounts as of the end of its first year in operations, August 31, 2014:

Rent expense   $ 7,500   Dividends   $10,200
Truck   23,600   Accounts payable   6,700
Supplies   2,500   Service revenue   45,600
Salary expense    19,400   Salary payable    12,200
Accounts receivable   8,200   Utilities expense   5,000
Note payable   10,000   Interest expense   1,200
Common shares    25,000   Cash   21,900

Prepare a balance sheet for Tap Corporation dated August 31, 2014.
Textbook 
Cost Accounting: A Managerial Emphasis, Canadian Edition

Cost Accounting: A Managerial Emphasis, Canadian Edition


Edition: 7th
Authors:
Read 52 times
1 Reply
Replies
Answer verified by a subject expert
AlexmosutheAlexmosuthe
wrote...
#1
Posts: 470
Rep: 16 0
6 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
This verified answer contains over 170 words.
1

Related Topics

StormLrd Author
wrote...

6 years ago
Correct Slight Smile TY
carston
wrote...

Yesterday
This site is awesome
MAry1395
wrote...

2 hours ago
Thanks
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1983 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 6457
  
 839
  
 343
Your Opinion
What's your favorite math subject?
Votes: 559
Previous poll results: What's your favorite funny biology word?