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I\'m not sure where I went wrong can you please help. The shaded is correct. Sco

ID: 2544750 • Letter: I

Question

I'm not sure where I went wrong can you please help. The shaded is correct.

Score: 0.56 of 1 pt P437B (book/static) The unadjusted trial balance of Fleming Investment Advisers at December 31, 2018, follows 1 of 2 (1 complete) Adjustment data at December 31 (Click the icon to view the adj Read the requirements (Click the icon to view the unadjusted trial balance) Balance Sheet December 31, 2018 Assets Liabilities Current Assets Current Liabilities: s 14,000 4,500 3,800 22,300 Cash 25,000 Accounts Payable 60,000Salaries Payable Accounls Receivable Equipment Total Assets 3,000Unearned Revenue 260001 Total Liabilities 114000 Totat Assels Equipment s 26,000 . Total Current Liabilities 44600 tess Accumulated Depr-Equip (22,000) Owner's Equity 4000 Fleming, Capital 20500 65100 001 Total Liabilities and Owner's Equity Total Assets Choose from any list or enter any number in the input fields and then click Check Answer. Clear All parts remaining Type here to search

Explanation / Answer

BALANCE SHEET ASSETS LIABILITIES Current Assets: Current Liabilities: Cash 25000 Accounts payable 14000 Accounts Receivable 60000 Salaries payable 4500 Office supplies 3000 Unearned Revenue 3800 Total Current Assets 88000 Total Current liabilities 22300 Plant Property and Equipment: Notes Payable (long term) 26000 Equipment 26000 Total Liabilities 48300 Less: Accumulated Depreciation 22000 Owner's Equity: Total Plant, Property and Equipment 4000 Fleming capital 43700 Total Assets 92000 Total liabilities and Owners equity 92000 Note: Capital: Beginning capital+Net income - Drawings = ending capital