The adjusted trial balance for Rich Landscape at December 31, 2014, contains the following accounts. Debits Credits Buildings $128,000 Common Stock 80,000
The adjusted trial balance for Rich Landscape at December 31, 2014, contains the following accounts. | ||||||||
Debits | Credits | |||||||
Buildings | $128,000 | Common Stock | 80,000 | |||||
Interest expense | $2,600 | Retained Earnings | 28,000 | |||||
Accounts Receivable | 7,540 | Accumulated Depreciation-Buildings | 42,600 | |||||
Prepaid Insurance | 4,680 | Accounts Payable | 12,300 | |||||
Cash | 18,040 | Notes Payable | 95,000 | |||||
Equipment | 62,400 | Accumulated Depreciation-Equipment | 18,720 | |||||
Land | 67,000 | Interest Payable | 2,600 | |||||
Insurance Expense | 780 | Service Revenue | 19,180 | |||||
Depreciation Expense | 7,360 | |||||||
$298,400 | Toals | $298,400 | ||||||
Do a classified balance sheet | ||||||||