Solved: Use thenbspgiven account information to prepare the 2011, Financial Accounting

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Use thenbspgiven account information to prepare the 2011

Use the following account information to prepare the 2011 balance sheet for Blaze Industries. Be sure to use the proper format.

•Wages Payable = $880.00

•Supplies = $80.00

•Common Stock = $10,000.00

•Equipment = $217,200.00

•Interest Payable = $3,600.00

•Retained Earnings = $27,520.00

•Accounts Receivable = $400.00

•Long•Term Bonds Payable = $150,000.00

•Cash = $3,050.00

•Advances From Customers = $460.00

•Prepaid Insurance = $830.00

•Accumulated Depreciation = $29,100.00

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Financial Accounting: Use thenbspgiven account information to prepare the 2011

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