The adjusted trial balance of ABC Company appears below. Using this information, ABC Company's 2 0 2
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Question:
The adjusted trial balance of ABC Company appears below. Using this information, ABC Company's gross profit is
and net income is
Type your answer using numbers only no dollar signs and no commas.
ABC Company
Adjusted Trial Balance
December
Debit Credit
Cash $
Accounts Receivable
Inventory
Prepaid Insurance
Equipment
Accumulated DepreciationEquipment $
Notes Payable
Accounts Payable
Salaries and Wages Payable
Property Taxes Payable
Common Stock
Retained Earnings
Dividends
Sales Revenue
COGS
Depreciation Expense
Sales and Wages Expense
Insurance Expense
Advertising Expense
Telephone and Internet Expense
Property Tax Expense
Totals
Related Book For
College Accounting A Contemporary Approach
ISBN: 978-0077639730
3rd edition
Authors: David Haddock, John Price, Michael Farina
Posted Date: