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patsfans1254
What am I doing wrong with the balance sheet?
My balance sheet wont balance
Here is what I took from
Trial Balance
Cash- 13425 Asset
A/R--- 18000 Asset
Prepaid Insurance-- 280 Asset
Office Equipment---30680n Asset
Accumulated Depreciation of Office Equipment--(14650) Asset that is subtracted
A/P--825 Liability
Unearned Fees--650 Liability
Wages Payable--500 Liability
Capital Stock 5000 Equity
Retained Earnings---24000 Equity
Dividends ---6200 Equity
Fees Earned---63000
My final numbers are Total Assets 47735 and Total Liabilities and Equity 37175
I did not include fees earned and expenses that are not listed here because those are on the income statement
Please Help
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