AT SUGEY CIRCUS at jUNE 30 curren year has
account payable....$31,320
accounts receivble 8,940
animals...226,872
cages...29,556
capital stock...360,000
cash...?
costumes...37,800
notes payables 216,000
notes receivables 11,400
props equipment 107,496
retained earnngs...32,676
salries payables 11,700
tents...75,6000
trucks & wagons...127,008
I need organize the balance sheet
I have to assume the late in the evening June 30, after your balance sheet had been prepared a fire destroyed one of the tents, which cost 17,160. The tent was not insured. explain what changes would be requiered in your june 30 balance sheet to reflectthe lost of this asset.
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