the following list of accounts was provided by churyk transportation corporation whi 4375627

The following list of accounts was provided by Churyk Transportation Corporation, which has an April 30 fiscal year- end. Using these accounts, prepare a balance sheet for Churyk Transportation Corporation for fiscal 2010. Accounts Payable ……….. $ 15,600 Accounts Receivable ……….. 25,650 Accumulated Depreciation, Equipment …. 57,450 Accumulated Depreciation, Buildings …. 66,800 Accumulated Depreciation, Trucks ….. 780,050 Allowance for Uncollectible Accounts …. 4,700 Equipment ………….. 140,500 Buildings ……………. 137,500 Cash ………………. 39,650 Common Stock ………….. 250,000 Installment Note Payable, Long- Term … 342,700 Interest Payable ………….. 17,150 Investment in BR, Inc., Common Stock …. 17,500 Land ……………… 57,850 Mortgage Payable ………… 44,150 Trade Notes Payable ……….. 58,500 Payroll Taxes Payable ………. 7,450 Prepaid Insurance ……….. 18,250 Retained Earnings ………….. ? Salaries and Wages Payable ……. 13,400 Supplies …………….. 8,900 Temporary Investments (trading securities) . 60,750 Trucks ……………. 1,392,700 View Solution:
The following list of accounts was provided by Churyk Transportation

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