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Income Staten Labels and Amount Descriptions In Balance Sheet 3. Prepare a balance sheet as of December 31, 2019. Refer to the lists of Accounts, La for text entries. Be sure to complete the statement heading Nordic Travel Agency Score: 68/75 Balance Sheet December 31, 2019 Assets $285,000.00 190,500.00 544,000.00 5,500.00 2Accounts receivable s Cash Land Supplies Row Group The Assets are not entered in the correct order. 8. Accounts payable $69,500.00 All work saved
Labels and Amount Descriptions ncome Statement Statement of Owners Equity Balance Sheet Final Question amounts of the assets and liabilities of Nordic Travel Agency at December 3 lan Eisele, owner, was $670,000 on January 1,2019, the beginning of the year 1,2019, the end of the year, and its tevwenue and expenses tor . During the year, lan withdrew $42,000 the year tollow The capitat o Accounts Accounts payable Accounts receivable $ 69,500 285,000 190,500 912,500 544,000 6,400 36,000 5,500 4,100 28,500 Fees eaned Land Miscellaneous expense Rent expense Supplies expense Utilities expense Wages expense 510,000 Required: Next
What does it mean the assets are not entered in the correct order ?


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Balance sheet
Cash 190500
Accounts receivable 285000
Land 544000
Supplies 5500
Total assets 1025000
Liabilities and stockholders equity
Accounts payable 69500
Eiseie capital 955500
Total liabilities and stockholders equity 1025000
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