The adjusted trial balance of Anderson Cooper Co. as of December 31, 2008, contains the following. Instructions
Question:
The adjusted trial balance of Anderson Cooper Co. as of December 31, 2008, contains the following.
Instructions
(a) Prepare an income statement.
(b) Prepare a statement of retained earnings.
(c) Prepare a classified balancesheet.
Transcribed Image Text:
Anderson Cooper Co. Adjusted Trial Balance December 31, 2008 Account Titles Dr. Cr $19,472 6,920 2,280 18,050 Cash Accounts Receivable Prepaid Rent Equipment Accumulated Depreciation Notes Payable Accounts Payable Common Stock Retained Earnings Dividends Service Revenue Salaries Expense Rent Expense Depreciation Expense Interest Expense Interest Payable S 4,895 5,700 5,472 20,000 11,310 3,000 11,590 6,840 2,260 145 83 83 $59,050 $59,050
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a ANDERSON COOPER CO Income Statement For the Year Ended December 31 2008 Revenues Service revenue 1...View the full answer
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Related Book For
Intermediate Accounting principles and analysis
ISBN: 978-0471737933
2nd Edition
Authors: Terry d. Warfield, jerry j. weygandt, Donald e. kieso
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