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On December 31, records show the following accounts. $ 26,000 3,500 10,500 70,500 Cash Accounts...

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Accounting

On December 31, records show the following accounts. $ 26,000 3,500 10,500 70,500 Cash Accounts receivable Supplies Land Services revenue Accounts payable Wages expense Rent expense Supplies expense Total equity Use this information to prepare a December 31 balance sheet. Total Assets Assets 82,500 30,500 40,500 $ 8,000 4,000 80,000 Balance Sheet December 31 Liabilities Equity Total equity 0 Total liabilities and equity - $ 0
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On December 31, records show the following accounts. Cash Accounts receivable Supplies Land Services revenue Accounts payable Wages expense Rent expense Supplies expense Total equity $26,000 3,500 10,500 70,500 82,500 30,500 40,500 8,000 4,000 80,000 Use this information to prepare a December 31 balance sheet

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