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QUESTION

An alphabetical list of the adjusted trial balance accounts for North Country Rentals after its first year of operations ending March 31 , 2017 , is...

financial accounting 1

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  • Attachment 1
  • Attachment 2
An alphabetical list of the adjusted trial balance accounts for North Country Rentals after its first year of operations ending March 31 , 2017 , is shown below :"AdjustedAccountAccount Balance*Accounts payable*10 , 000Accumulated depreciation , building25, 900Accumulated depreciation , furniture*4, 400Advertising expense17, 100Building600 , 000Cash17 , 900Depreciation expense , building25, 900Depreciation expense , furniture*4 , 400Furniture*4 4. 600Interest expense10. 350Interest payable*810Janitorial expense41. 900Land1 19 , 000Long-term notes payable371 , 000Notes receivable , due 202052. 000Office salaries expense*131 , 125Office supplies790Office supplies expense*7, 000Brand name3. 900Prepaid advertising490Rent revenue407 , 400Rent receivable16 , 900Salaries payable*3 , 075Utilities expense37 , 620Wyett North , capital437 , 290Wyett North , withdrawals28 , 900* Assume all accounts have a normal balance*Required :`1 . Calculate the capital balance as it would appear on the March 31 , 2017 , balance sheet .Wyett North , capital
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