Question: Assume that Old Harbor reported the following summarized data at December 31, 2012. Accounts appear in no particular order; dollar amounts are in millions. Prepare

Assume that Old Harbor reported the following summarized data at December 31, 2012. Accounts appear in no particular order; dollar amounts are in millions.


Assume that Old Harbor reported the following summarized data at


Prepare the trial balance of Old Harbor at December 31, 2012. List the accounts in their proper order. How much was Old Harbor’s net income or netloss?

evenues.$19 10 Other liabilities Cash Expenses Stockholders' equity.... 4 Other assets 14 Accounts payable.. .a...R

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