The balance sheet debit column of the work sheet for Empanada Supreme includes the following accounts: Prepaid Insurance $4,600; Cash $24,080; Supplies $6,200; Short term Investments $7,240; and Accounts Receivable $15,670. Prepare the current assets section of the balance sheet, listing the accounts in proper sequence.
|
CAJUN COMPANY Work Sheet (partial) For the Month Ended April 30, 2008 |
||||||
|
Adjusted Trial Balance |
Income Statement |
Balance Sheet |
||||
|
Account Titles |
Dr. |
Cr. |
Dr. |
Cr. |
Dr. |
Cr. |
|
Cash |
14,752 |
|||||
|
Accounts Receivable |
7,840 |
|||||
|
Prepaid Rent |
2,280 |
|||||
|
Equipment |
23,050 |
|||||
|
Accumulated Depreciation |
4,921 |
|||||
|
Notes Payable |
5,700 |
|||||
|
Accounts Payable |
5,972 |
|||||
|
Common Stock |
25,000 |
|||||
|
Retained Earnings |
8,960 |
|||||
|
Dividends |
3,650 |
|||||
|
Service Revenue |
12,590 |
|||||
|
Salaries Expense |
9,840 |
|||||
|
Rent Expense |
760 |
|||||
|
Depreciation Expense |
671 |
|||||
|
Interest Expense |
57 |
|||||
|
Interest Payable |
57 |
|||||
|
Totals |
62,900 |
62,900 |
||||