Listed below, in alphabetical order, are the balance sheet items of Samtana Corp. at December 31, 2023.   Accounts Payable$ 9,000 Accounts Receivable15,000 Building46,000 Cash12,000 Land52,000 Office Equipment4,000 Samtana, Capital/Investment120,000   Prepare a balance sheet (in excel or word) and include a complete headings. Follow the format that is noted in the textbook and power-point slides. Ensure that the accounting equation is in balance.

Financial Accounting
15th Edition
ISBN:9781337272124
Author:Carl Warren, James M. Reeve, Jonathan Duchac
Publisher:Carl Warren, James M. Reeve, Jonathan Duchac
Chapter6: Accounting For Merchandising Businesses
Section: Chapter Questions
Problem 5PA: The following selected accounts and their current balances appear in the ledger of Clairemont Co....
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Listed below, in alphabetical order, are the balance sheet items of Samtana Corp. at December 31, 2023.

 

Accounts Payable$ 9,000

Accounts Receivable15,000

Building46,000

Cash12,000

Land52,000

Office Equipment4,000

Samtana, Capital/Investment120,000

 

Prepare a balance sheet (in excel or word) and include a complete headings. Follow the format that is noted in the textbook and power-point slides. Ensure that the accounting equation is in balance.

 

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