Complete the attached worksheet for 2011 for Green Company, given the following information, then prepare an income
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Question:
Complete the attached worksheet for 2011 for Green Company, given the following information, then prepare an income statement, statement of owners equity, and balance sheet:
Physical count of inventory on hand on December 31 | $189,000 | |
Insurance expired during the accounting period | 5,000 | |
Count of supplies on hand on December 31: | ||
Store supplies | 1,300 | |
Office supplies | 750 | |
Depreciation for the accounting period: | ||
Store equipment | 4,500 | |
Office equipment | 2,800 | |
Salaries earned, but not paid as of December 31: | ||
Sales salaries | $3,850 | |
Office salaries | 1,150 | 5.000 |
Unearned rent on December 31 | 400 |
Related Book For
Auditing and Assurance Services
ISBN: 978-0077862343
6th edition
Authors: Timothy Louwers, Robert Ramsay, David Sinason, Jerry Straws
Posted Date: