Question

In: Accounting

prepare a basic balance sheet for a new restaurant note; there is no liability investors will...

prepare a basic balance sheet for a new restaurant

note;

there is no liability

investors will participate with in total 750,000

rent 130,000

vat 6,500

equipment 43640

utility expenses 16533

licenses 37800

supplies 21388

advertisement 33200

insurance 49680

software 29308

decoration 153950

salaries 228000

sales: 1,260/day

Required:

prepare the balance sheet and income statement

Expert Solution

ekkarill92 answered 1 year ago

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