please help with filling out this table! 6 4 a long-term note payable for $170,0

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please help with filling out this table!

6 4 a long-term note payable for $170,000 Sep. 5 The company purchased $4,400 of office supplies on credit 1 in the business. Sep. 9 The company purchased $9, 300 of additional office equipment on credit. Sep. 11 The company paid $2,250 cash salary to an assistant. Sep. 13 The company provided services to a client and collected $6,300 cash. Sep. 15 The company paid $1,400 cash for this month's utilities 9 Sep. 19 The company purchased $20,300 of new office equipment by paying $20,300 cash. Sep. 23 The company paid $2,250 cash salary to an assistant. Sep. 27 Collins withdrew $2,800 cash from the company for personal use. Trial Balance Statement Balance Sheet Using the dropdown buttons, select the financial statement elements and account titles to be included on the balance sheet. The account balances will automatically populate Balance Sheet September 30, 2017 as

Explanation / Answer

Solution:

CC Consulting Balance Sheet 30-Sep-17 Particulars Amount Assets: Cash $56,200.00 Accounts Receivables $2,000.00 Office Supplies $4,400.00 Land $40,000.00 Building $162,400.00 Office Equipment $57,000.00 Auotmobile $21,300.00 Total Assets $343,300.00 Liabilities: Accounts Payable $9,300.00 Long term note payable $170,000.00 Total Liabilities $179,300.00 Owner's Equity: C. Collins Capital $164,000.00 Total Owner's Equity $164,000.00 Total liabilities and owner's equity $343,300.00

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