The boston trading company, whose accounting year ends on december
The Boston Trading Company, whose accounting year ends on December 31, had the following normal balances in its general ledger at December 31. Cash $19,500 Accounts Receivable 84,900 Inventory 109,500 Prepaid Insurance 9,000 Office Supplies 6,300 Furniture & Fixtures 31,500 Accumulated Depreciation – Furn. & Fixtures 7,500 Delivery Equipment 126,000 Accumulated Depreciation – Delivery Equipment 18,000 Accounts Payable 61,500 Long-term Notes Payable 45,000 Common Stock […]