At September 1, the balance sheet accounts for Stanley's Restaurant were as follows:
The following transactions occurred during the next two days:
Stanley invested an additional $22,000 cash in the business. The accounts payable were paid in full. (No payment was made on the notes payable.)
Instructions
Prepare a balance sheet at September 3, 2009.

Question

At September 1, the balance sheet accounts for Stanley's Restaurant were as follows:  
The following transactions occurred during the next two days:
Stanley invested an additional $22,000 cash in the business. The accounts payable were paid in full. (No payment was made on the notes payable.)
Instructions
Prepare a balance sheet at September 3, 2009.

Quizplus · Accepted Answer

The Answer of At September 1, the balance sheet accounts for Stanley's Restaurant were as follows:  
The following transactions occurred during the next two days:
Stanley invested an additional $22,000 cash in the business. The accounts payable were paid in full. (No payment was made on the notes payable.)
Instructions
Prepare a balance sheet at September 3, 2009.

At September 1, the Balance Sheet Accounts for Stanley's Restaurant