The following items were taken from the financial statements of Brewed Awakening Co. INSTRUCTIONS: PREPARE A CLASSIFIED BALANCE SHEET AS OF MAY 31 Accounts Payable Accounts Receivable Cash Common Stock Equipment Land Accumulated Dep.: Equipment 8 14 20 50 100 40 10 Mortgage Payable - long term Retained Earnings Salaries Payable Short term investments Supplies Unearned Service Revenue 40 70 16 24 12 16 Brewed Awakening Company Balance Sheet as of May 31

The following items were taken from the financial statements of Brewed Awakening Co. INSTRUCTIONS: PREPARE A CLASSIFIED BALANCE SHEET AS OF MAY 31 Accounts Payable Accounts Receivable Cash Common Stock Equipment Land Accumulated Dep.: Equipment 8 14 20 50 100 40 10 Mortgage Payable - long term Retained Earnings Salaries Payable Short term investments Supplies Unearned Service Revenue 40 70 16 24 12 16 Brewed Awakening Company Balance Sheet as of May 31

Managerial Accounting

15th Edition

ISBN:9781337912020

Author:Carl Warren, Ph.d. Cma William B. Tayler

Publisher:Carl Warren, Ph.d. Cma William B. Tayler

Chapter16: Financial Statement Analysis

Section: Chapter Questions

Problem 4PB

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