On September 1, 2016, Fast Track, Inc. was started with $30,000 invested by the owners as contributed capital. On September 30, 2016, the accounting records contained the following amounts: Required:
Prepare a balance sheet for Fast Track, Inc. as of September 30, 2016.

Question

On September 1, 2016, Fast Track, Inc. was started with $30,000 invested by the owners as contributed capital. On September 30, 2016, the accounting records contained the following amounts:  Required:
Prepare a balance sheet for Fast Track, Inc. as of September 30, 2016.

Quizplus · Accepted Answer

The Answer of On September 1, 2016, Fast Track, Inc. was started with $30,000 invested by the owners as contributed capital. On September 30, 2016, the accounting records contained the following amounts:  Required:
Prepare a balance sheet for Fast Track, Inc. as of September 30, 2016.