Complete the balance sheetfor stone enterprises


Complete the Balance Sheet for Stone Enterprises, Inc.

Cash 2,820

Accounts Receivable 800

Office Supplies 420

Pre-paid Rent 1,600

Utilities Payable 240

Salaries Payable 1,020

Interest Payable 600

Plant Assets: Furniture 18,000

Less Accum. Depreciation-Furniture -350

Building 75,000

Current Liabilities: Land 25,000

Total Assets 121,290

Total: Furniture (Less Depreciation) 17,650

Total: Building (Less Depreciation) 73,000

Total Current Assets 5,640

Accounts Payable 760

Current Assets: Sharon Stone, Capital 42,000

Total Liabilities and Owner's Equity 100,510

Unearned Revenue 890

Total Current Liabilities 3,510

Long Term Liabilities Notes Payable 55,000

Total Liabilities 58,510

Total Plant Assets 115,650

Less Accum. Depreciation-Building -2,000

Attachment:- ACCT.xls

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Accounting Basics: Complete the balance sheetfor stone enterprises
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