Prepare the balance sheet Retained earnings (beginning of year) Utilities expense Equipment Accounts payable Cash Salaries and
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Retained earnings (beginning of year) Utilities expense Equipment Accounts payable Cash Salaries and wages payable Common stock Dividends Supplies Debt investment (long-term) Trademarks Service revenue Prepaid insurance Maintenance and repairs expense Depreciation expense Accounts receivable Insurance expense Salaries and wages expense Accumulated depreciation-equipment $33,850 2,160 65,700 16,610 14,900 5,190 23,800 12,000 3,200 5,400 1,700 70,000 5,690 1,640 3,400 15,090 2,400 38,570 22,400 Retained earnings (beginning of year) Utilities expense Equipment Accounts payable Cash Salaries and wages payable Common stock Dividends Supplies Debt investment (long-term) Trademarks Service revenue Prepaid insurance Maintenance and repairs expense Depreciation expense Accounts receivable Insurance expense Salaries and wages expense Accumulated depreciation-equipment $33,850 2,160 65,700 16,610 14,900 5,190 23,800 12,000 3,200 5,400 1,700 70,000 5,690 1,640 3,400 15,090 2,400 38,570 22,400
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BALANCE SHEET ASSETS Current Assets Cash 14900 Retained earn... View the full answer
Related Book For
Interpreting and Analyzing Financial Statements
ISBN: 978-0132746243
6th edition
Authors: Karen P. Schoenebeck, Mark P. Holtzman
Posted Date:
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