Question

I can't get the balance sheet, well, balanced.

Accounts Receivable 120600 a
Land 1500000 a
Notes Receivable 61200 a
Insurance Expenses 54000 l
Accounts Payable 45000 l
Interest Expenses 24600 l
Common Stock 1896000 o
Depreciation -400000 a
Net Sales 1053000
Ending Inventory 126600 a
Notes Payable (Long-Term) 210000 l
Beginning Inventory 154800
Retained Earnings 1459800 o
Advertising Expenses 90000 l
Cash 72000 a
Salaries 180000 l
Short-Term Notes Payable 15600 l
Merchandise Purchased (for inventory) 316800
Buildings 1050000 a
Rent 13800 l
Utilities 8400 l
Equipment and Vehicles 1066000 a
Goodwill 90000 a
Bonds Payable 60000 l


Assets 3686400
Liabilities + Owner's Equity 4057200
Difference 370800

I have left a few of the numbers out of the balance sheet because I'm not sure they belong, but either way, I still can't get it balanced.

Answer 1

Not sure why the rest of my post didn't go through...

Accounts Receivable, 120600, a
Land, 1500000, a
Notes Receivable, 61200, a
Insurance Expenses, 54000, l
Accounts Payable, 45000, l
Interest Expenses, 24600, l
Common Stock, 1896000, o
Depreciation, -400000, a
Net Sales, 1053000
Ending Inventory, 126600, a
Notes Payable (Long-Term), 210000, l
Beginning Inventory, 154800
Retained Earnings, 1459800, o
Advertising Expenses, 90000, l
Cash, 72000, a
Salaries, 180000, l
Short-Term Notes Payable, 15600, l
Merchandise Purchased (for inventory), 316800
Buildings, 1050000, a
Rent, 13800, l
Utilities, 8400, l
Equipment and Vehicles, 1066000, a
Goodwill, 90000, a
Bonds Payable, 60000, l


Assets = 3686400
Liabilities + Owner's Equity = 4057200
Difference = 370800