only need total budgeted assets These budgeted financial statement items are for Snyder Corporation at year-end, July 31, 2022.Salaries and wages payable$ 2,580Salaries and wages expense50,700Utilities expense22,60021,000EquipmentAccounts payable4,10062,1008,500Service revenueRent revenueNotes payable (due 2024)1,800Common stock16,000Cash20,200Accounts receivable12,780Accumulated depreciation-equipment6,000Dividends5,000Depreciation expense4,000Retained earnings (beginning of the year)35,200Instructions: Prepare a classified balance sheet at July 31, 2021. What are total budgeted assets?

Budgeted assets are those assets which are estimated or forecasted to held for future period of…

Answered: only need total budgeted assets

Business

Accounting

only need total budgeted assets

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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