Estes Company is preparing its multiple-step income statement, owners equity statement, and classified balance sheet. Using the
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Account Financial Statement Classification Accounts Payable Accounts Receivable Accumulated Depreciation-Buildings Cash Casualty Loss from Vandalism Cost of Goods Sold Depreciation Expense Equipment Freight-Out Insurance Expense Interest Payable Inventoryy Land Notes Payable (due in 5 years) Owner's Capital (beginning balance) Owner's Drawings Property Taxes Payable Salaries and Wages Expense Salaries and Wages Payable Sales Returns and Allowances Sales Revenue Unearned Rent Revenuc Utilities Expense
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Accounting Principles
ISBN: 9781118566671
11th Edition
Authors: Jerry Weygandt, Paul Kimmel, Donald Kieso
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