Prepare a November 30 Balance Sheet in Proper Form for Green

question 39

Essay

Prepare a November 30 balance sheet in proper form for Green Bay Delivery Service from the following alphabetical list of the accounts at November 30:
$\begin{array}{|l|r|}\hline\text { Accounts receivable } & \$ 10,000 \\\hline \text { Accounts payable } & 18,000 \\\hline \text { Building } & 28,000 \\\hline \text { Common stock } & 30,000 \\\hline \text { Cash } & 8,000 \\\hline \text { Notes payable } & 45,000 \\\hline \text { Office equipment } & 12,000 \\\hline \text { Retained earnings } & ? \\\hline \text { Trucks } & 55,000\\\hline\end{array}$

---

Definitions:

Sublimation

A psychological process where socially unacceptable impulses or idealizations are unconsciously transformed into socially acceptable actions or behavior.

Preparation

The process of making ready or being made ready for use or consideration, involving planning and organization.

Unconscious Phase

A period during which an individual is not fully aware of their actions or motives, often discussed in the context of psychological processes.

Gathering Ideas

The process of collecting diverse thoughts, suggestions, or concepts for consideration or future action.