Prepare in good form a balance sheet for the year ended December 31, 2011.

Prepare in good form a balance sheet for the year ended December 31, 2011.

The adjusted trial balance of Cavamanlis Co. as of December 31, 2011 contains the following.

Account Titles Dr Cr

Cash $18,972

Accounts Receivable 6,920

Prepaid Rent 4,280

Equipment 20,050

Accumulated Depreciation $5,895

Notes Payable 5,700

Accounts Payable 4,472

Common Stock 20,000

Retained Earnings 15,310

Dividends 4,000

Service Revenue 12,590

Salaries Expense 6,840

Rent Expense 2,760

Depreciation Expense 145

Interest Expense 83

Interest Payable 83

$64,050 $64,050

Instructions:

Prepare in good form a balance sheet for the year ended December 31, 2011


Price: £ 45

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