Q3. HERE COME THE CLOWNS! is the name of a traveling circus. The ledger accounts of the business at June 30, current year, Page 75 are listed here in alphabetical order. Accounts Payable Accounts Receivable Animals Cages Capital Stock Cash Costumes $ 31,320 8,940 226,872 29.556 360,000 ? 37,800 Notes Payable Notes Receivable Props and Equipment Retained Earnings Salaries Payable Tents Trucks & Wagons $216,000 11,400 107,496 32,676 11,700 75,600 127,008 Instructions a. Prepare a balance sheet by using these items and computing the amount of Cash at June 30, current year. Organize your balance sheet

Q3. HERE COME THE CLOWNS! is the name of a traveling circus. The ledger accounts of the business at June 30, current year, Page 75 are listed here in alphabetical order. Accounts Payable Accounts Receivable Animals Cages Capital Stock Cash Costumes $ 31,320 8,940 226,872 29.556 360,000 ? 37,800 Notes Payable Notes Receivable Props and Equipment Retained Earnings Salaries Payable Tents Trucks & Wagons $216,000 11,400 107,496 32,676 11,700 75,600 127,008 Instructions a. Prepare a balance sheet by using these items and computing the amount of Cash at June 30, current year. Organize your balance sheet

Name: Q3.HERE COME THE CLOWNS! is the name of a traveling circus. The ledge
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Description: Q3.HERE COME THE CLOWNS! is the name of a traveling circus. The ledger accounts of the business at June 30, current year,are listed here in alphabetical order.Accounts PayableAccounts ReceivableAnimalsCagesCapital StockCashCostumes$ 31,3208,940226,8

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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