Dewey, Cheatem, and Howe had the following items in their accounting records at 7/31/2022: $\begin{array}{lrlr}
\text { Owner's capital, July } 31 & \$ 17,050 & \text { Equipment } & \$ 6,000 \
\text { Accounts payable } & 2,400 & \text { Supplies } & 750 \
\text { Accounts receivable } & 6,750 & \text { Cash } & 5,950
\end{array}$ Instructions
Prepare a balance sheet at July 31, 2022.

Question

Quizplus · Accepted Answer

The Answer of Dewey, Cheatem, and Howe had the following items in their accounting records at 7/31/2022: $\begin{array}{lrlr}
\text { Owner's capital, July } 31 & \$ 17,050 & \text { Equipment } & \$ 6,000 \
\text { Accounts payable } & 2,400 & \text { Supplies } & 750 \
\text { Accounts receivable } & 6,750 & \text { Cash } & 5,950
\end{array}$ Instructions
Prepare a balance sheet at July 31, 2022.

Dewey, Cheatem, and Howe Had the Following Items in Their