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Author Question: Given the Income Statement columns and the Balance Sheet columns of the worksheet, prepare an ... (Read 71 times)

iveyjurea

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on: Nov 10, 2019
Given the Income Statement columns and the Balance Sheet columns of the worksheet, prepare an Balance Sheet as of Mar. 31, 2017 for Nelburn Company. You will first need to calculate ending Owner's Equity.

Income StatementBalance Sheet
DebitCreditDebitCredit
Cash5,000
Account Rec. 3,600
Office Supplies300
V. Nelburn, Capital7,400
V. Nelburn, With.900
Consulting Fees4,300
Salaries Exp.1,200
Rent Expense800
Office Sup. Exp.200
Salaries Payable​  300
2,2004,3009,8007,700
2,1002,100
4,3004,300  9,800​9,800
College Accounting: A Practical Approach ¦ Slater, Zwicker ¦ 12th Edition
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Marked as best answer by iveyjurea on Nov 10, 2019

skipfourms123

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Reply #1 on: Nov 10, 2019
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iveyjurea

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Reply 2 on: Nov 10, 2019
Wow, this really help

kswal303

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Reply 3 on: Yesterday
Excellent

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