Ending Capital 4 The following account balances were provided by Kate's Consulting Company as of December 31, 2022. Salary Expense 70,500 Accounts Receivable 90,000 Accumulated Depreciation-Equipment 14,800 Supplies 3,600 Equipment 74,000 Fees Earned 175,200 Miscellaneous Expense 7,400 Salaries Payable 1,500 Kate, Capital 90,400 Cash 38,000 Kate, Drawing 12,000 Supplies Expense 6,000 Depreciation Expense 4,800 Accounts Payable 24,400

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Ending Capita19
The following account balances were provided by Kate's Consulting Company
as of December 31, 2022.
Salary Expense
70,500
Accounts Receivable
90,000
Accumulated Depreciation-Equipment
14,800
Supplies
3,600
Equipment
74,000
Fees Earned
175,200
Miscellaneous Expense
7,400
Salaries Payable
1,500
Kate, Capital
90,400
Cash
38,000
Kate, Drawing
12,000
Supplies Expense
6,000
Depreciation Expense
4,800
Accounts Payable
24,400
Transcribed Image Text:Ending Capita19 The following account balances were provided by Kate's Consulting Company as of December 31, 2022. Salary Expense 70,500 Accounts Receivable 90,000 Accumulated Depreciation-Equipment 14,800 Supplies 3,600 Equipment 74,000 Fees Earned 175,200 Miscellaneous Expense 7,400 Salaries Payable 1,500 Kate, Capital 90,400 Cash 38,000 Kate, Drawing 12,000 Supplies Expense 6,000 Depreciation Expense 4,800 Accounts Payable 24,400
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