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...


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.



Jun 01, 2022
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