The 2012 year-end adjusted balances taken from the general ledger of Cooperstown Services, Inc. are listed below
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Cooperstown Suppliers, Inc. DR CR Cash S12,950 Accounts receivable 28,150 Supplies 8,400 Prepaid insurance 9,500 Land 115,000 360,000 Buildings Equipment 260,000 Accumulated depreciation $239,900 Accounts payable 35,300 Salaries payable 7,300 Taxes payable 5,200 Common stock 31,500 Additional paid-in capital
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Service revenue Less Expenses Coopertown Suppliers Inc INCOME STATEMENT For the year ended December ...View the full answer
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Related Book For
Accounting
ISBN: 978-0324188004
21st Edition
Authors: Carl s. warren, James m. reeve, Philip e. fess
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