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Balance Sheet-Two Column

The document contains balance sheets for A. Park as of April 30, 2012 and May 7, 2012. As of May 7, 2012, A. Park's total assets increased to $40,200 from $36,500 on April 30 due to the purchase of a new computer. Total liabilities also increased from $7,400 to $8,500 due to higher accounts payable. A. Park's capital remained unchanged at $31,700 over this period.

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237 views4 pages

Balance Sheet-Two Column

The document contains balance sheets for A. Park as of April 30, 2012 and May 7, 2012. As of May 7, 2012, A. Park's total assets increased to $40,200 from $36,500 on April 30 due to the purchase of a new computer. Total liabilities also increased from $7,400 to $8,500 due to higher accounts payable. A. Park's capital remained unchanged at $31,700 over this period.

Uploaded by

TOXiiCFROSTY XD
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as XLSX, PDF, TXT or read online on Scribd

A.

Park as at April 30, 2012


Assets Liabilities Capital

Fixtures 9600 Accounts Payable 7400 Capital 31700


Car 12300

Inventory 8600
Accounts Receivable 4100
Cash at bank 1600
Cash in hand 2900
A. Park as at May 7, 2012
Assets Liabilities Capital

Fixtures 9600 Accounts Payable 8500 Capital 31700


Car 12300
Computer 610
Inventory 9700
Accounts Receivable 3650
Cash at bank 1440
Cash in hand 2900
A. Park
Balance Sheet as at May 7, 2012
$ $
Non Current Assets
Fixtures 9600
Car 12300
Computer 610
22510
Current Assets
Inventory 9700
Accounts Receivable 3650
Cash at bank 1440
Cash in hand 2900
17690
Less Current Liabilities
Accounts Payable (8500) 9190
31700
Capital 31700

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