Balance sheet amounts as of December 31 2016 for K-12 Tutoring Service are listed below. Prepare a balance sheet in good form. $\begin{array} { l r }
\text { Accounts Payable } & \$ 300 \
\text { Accounts Receivable } & 1,000 \
\text { Cash } & 500 \
\text { Owner's Capital } & ?
\end{array}$

Question

Balance sheet amounts as of December 31 2016 for K-12 Tutoring Service are listed below. Prepare a balance sheet in good form. $\begin{array} { l r } 
\text { Accounts Payable } & \$ 300 \
\text { Accounts Receivable } & 1,000 \
\text { Cash } & 500 \
\text { Owner's Capital } & ?
\end{array}$

Quizplus · Accepted Answer

The Answer of Balance sheet amounts as of December 31 2016 for K-12 Tutoring Service are listed below. Prepare a balance sheet in good form. $\begin{array} { l r } 
\text { Accounts Payable } & \$ 300 \
\text { Accounts Receivable } & 1,000 \
\text { Cash } & 500 \
\text { Owner's Capital } & ?
\end{array}$

Balance Sheet Amounts as of December 31 2016 for K-12