FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Prepare the Bay View Services' classified Balance Sheet at June 30, 20X5. No plagiarism please 

Question 3:
The accounts of Bay View Services Ltd. as of June 30, 20X5, are listed below in alphabetical
order.
Accounts payable..........
Accounts receivable....
Accumulated depreciation-
equipment.........
Advertising expense..........
Cash................
Current portion of note
payable....
Depreciation expense.…................
Dividends.........
Equipment.........
Interest expense..
******
……..
**********
Per
*********
$ 14,400
16,600
6,900
10,500
7,900
1,000
1,800
21,200
51,600
800
Note payable, long term..
Other assets......
I
Prepaid expenses........
Retained earnings,
June 30, 20X5.
Salary expense.....
Salary payable..........
Service revenue....
Share capital.....
Prepare the Bay View Services' classified Balance Sheet at June 30, 20X5.
Supplies......
Supplies expense...
Unearned service revenue...
$ 6,000
14,400
6,000
??
17,600
2,700
95,400
6,600
3,900
4,500
2,800
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Transcribed Image Text:Question 3: The accounts of Bay View Services Ltd. as of June 30, 20X5, are listed below in alphabetical order. Accounts payable.......... Accounts receivable.... Accumulated depreciation- equipment......... Advertising expense.......... Cash................ Current portion of note payable.... Depreciation expense.…................ Dividends......... Equipment......... Interest expense.. ****** …….. ********** Per ********* $ 14,400 16,600 6,900 10,500 7,900 1,000 1,800 21,200 51,600 800 Note payable, long term.. Other assets...... I Prepaid expenses........ Retained earnings, June 30, 20X5. Salary expense..... Salary payable.......... Service revenue.... Share capital..... Prepare the Bay View Services' classified Balance Sheet at June 30, 20X5. Supplies...... Supplies expense... Unearned service revenue... $ 6,000 14,400 6,000 ?? 17,600 2,700 95,400 6,600 3,900 4,500 2,800
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