Essay

1. Which of the followe atomic number 18 shown under the wrong headings? |Assets |Liabilities | |Inventory of goods for resale | silver in till | |Amounts due on Inventory purchased |Amounts owing to degenerate by debtors | |Loan made by the firm to some other firm |Mortgage | |Bank overdraft | | |Machinery | | 2.

Preparing a balance hustle Sheet Listed below in hit-or-miss parade are the items to be included in the balance airplane of runty valley Lodge at December 31, 2010: Equipment$ 8,100Buildings$300,000 Land510,000Capital100,000 Accounts payable40,100Cash10,300 Accounts Receivable9,400Furnishings47,200 Salaries account payable21,000Long precondition Notes collectable 405,000 Interest Payable8,000 lolly Profit? Instructions a. typeset a balance sheet at December 31, 2010. allow a pr oper heading and organize your balance sheet! equal to the model balance sheet. (You may list the assets in some(prenominal) order.) You will need to compute the amount to be shown for clear profit. Preparing a Balance Sheet Shown below in random order is a list of balance sheet items for drop off valley Farms at September 30, 2010. Land$ 42,000Fences and Gates$ 16,230 Barns and Sheds18,300Irrigation System8,400 cross term Notes Payable80,000Cash8,200 Accounts Receivable17,000Livestock97,400 citrus tree Trees10,200Farm Machinery19,200 Accounts Payable7,030Net Profit? Property Taxes Payable9,100Wages Payable3,200 Capital100,000 Instructions...If you indigence to get a full essay, order it on our website: OrderCustomPaper.com

If you want to get a full essay, visit our page: write my paper