Land 89700 Capital stock 390000

Net block (building) 585000 Retained earnings 221511

Less Acc. Dep 156000 429000 Bank loans 8385
Net block (equipment) 13260 Other liabilities 2451
Less Acc. Dep 5304 7956 Payable taxes 5700
Other assets 4857 Payable accounts 8517
Receivable income 11700 Payable wages 1974
Insurance prepaid 3150
Merchandise 29835
Supplies in hand 5559
Receivable accounts 21798
Cash 34983
Total 638538 Total 638538
Land 89700 Capital stock 390000
Net block (building) 585000 Retained earnings 217746
Less Acc. Dep 157950 427050 Bank loans 29250
Net block (equipment) 36660 Other liabilities 2451
Less Acc. Dep 5928 30732 Payable taxes 7224
Other assets 5265 Payable accounts 21315
Receivable accounts 26505 Payable wages 2202
Insurance prepaid 2826
Merchandise 26520
Supplies in hand 6630
Cash 54960
Total 670188 Total 670188
Balance sheet as on 1st June
Balance sheet as on 31st June
Assets Liability
Assets Liabilities