The following are presented in trial balance of Bren Enterprises for the year ended December 31, 2019.
Cash - 100,000
Accounts Receivable - 30,000
Notes Receivable - 200,000
Merchandise Inventory - 26,500
Equipment - 80,000
Furniture & Fixtures - 25,000
Accounts Payable - 28,000
Loans Payable Payable - 200,000
Bren, Capital - 145,700
Bren, Drawings - 3,250
Sales - 200,000
Sales Discount - 3,000
Sales Return & Allowances - 1,500
Rent Expense - 12,000
Advertising Expense - 3,000
Cost of Goods Sold - 80,000
Interest Expense - 1,250
Loss on sale of machinery - 8,200
How much is the non operating items of Bren Enterprises?
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Solar light, solar water heating system and solar cooker all work on the energy of the sun. The light operates on electricity from batteries, charged through the use of the solar photovoltaic panel. ... Solar cookers work in the same way as the heat generated by the sun's energy can cook up the food.
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