Insert each letter of your name vertically in the tab entitled, NAME. 2) Use your completed...
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Insert each letter of your name vertically in the tab entitled, "NAME." 2) Use your completed worksheet to prepare (a) multi-step net income, (b) Statement of Owner's Equity and (c) Classified balance sheet as of December 31, 2022. 3) Upload your completed financial statements to Blackboard by the deadline. No. 305 683 401 201 Accounts payable 126 168 Accumulated depreciation-Building 637 Advertising expenses 633 Amortization expense 167 Building 101 Cash 301 Common Stock 501 612 685 690 203 131 176 Land 251 430 640 208 686 202 129 Jardine System Company Work Sheet For Year Ended December 31, 2022 186 684 Account Title Accounts Receivables Cost of Goods Sold Depreciation expense - Building Insurance expense Interest expense Interest payable Inventory Long-term notes payable Other Revenue Rent expense Rent payable Repairs expense Retained Earnings Salaries expense Sales Short-term notes payable Short-term Receivables Trade Marks/Patents Utilities expense Totals Unadjusted Trial Balance DR 357,000 47,000 750,000 215,000 1,450,000 102,000 43,000 29,000 70,000 36,000 32,000 899,000 59,000 200,000 70,000 4,359,000 CR 65,000 125,000 400,000 30,000 254,000 59,000 635,000 2,721,000 70,000 4,359,000 (d) (d) (c) (b) (d) (d) D Adjustments DR 4,300 5.000 13,000 185,000 4,300 6.000 41.000 8,000 266,600 (d) (c) (b) CR 54,300 13,000 185,000 10,000 4,300 266,600 Adjusted Trial Balance DR 344.000 4,300 52,000 750,000 215,000 1,463,000 185,000 102,000 43,000 33,300 70,000 42,000 73,000 907,000 59,000 200,000 70,000 4,612,600 CR 119,300 310,000 400,000 30,000 254,000 59,000 10,000 639,300 2,721,000 70,000 4,612,600 Insert each letter of your name vertically in the tab entitled, "NAME." 2) Use your completed worksheet to prepare (a) multi-step net income, (b) Statement of Owner's Equity and (c) Classified balance sheet as of December 31, 2022. 3) Upload your completed financial statements to Blackboard by the deadline. No. 305 683 401 201 Accounts payable 126 168 Accumulated depreciation-Building 637 Advertising expenses 633 Amortization expense 167 Building 101 Cash 301 Common Stock 501 612 685 690 203 131 176 Land 251 430 640 208 686 202 129 Jardine System Company Work Sheet For Year Ended December 31, 2022 186 684 Account Title Accounts Receivables Cost of Goods Sold Depreciation expense - Building Insurance expense Interest expense Interest payable Inventory Long-term notes payable Other Revenue Rent expense Rent payable Repairs expense Retained Earnings Salaries expense Sales Short-term notes payable Short-term Receivables Trade Marks/Patents Utilities expense Totals Unadjusted Trial Balance DR 357,000 47,000 750,000 215,000 1,450,000 102,000 43,000 29,000 70,000 36,000 32,000 899,000 59,000 200,000 70,000 4,359,000 CR 65,000 125,000 400,000 30,000 254,000 59,000 635,000 2,721,000 70,000 4,359,000 (d) (d) (c) (b) (d) (d) D Adjustments DR 4,300 5.000 13,000 185,000 4,300 6.000 41.000 8,000 266,600 (d) (c) (b) CR 54,300 13,000 185,000 10,000 4,300 266,600 Adjusted Trial Balance DR 344.000 4,300 52,000 750,000 215,000 1,463,000 185,000 102,000 43,000 33,300 70,000 42,000 73,000 907,000 59,000 200,000 70,000 4,612,600 CR 119,300 310,000 400,000 30,000 254,000 59,000 10,000 639,300 2,721,000 70,000 4,612,600
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Steps Step 1 of 2 The following is the adjusted trial balance for Jardine System Company for the yea... View the full answer
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
Posted Date:
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