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Review the Harris Consulting information in the preceding Brief Exercise.

Review the Harris Consulting information in the preceding Brief Exercise. Required Using the given information and your

Question:

Review the Harris Consulting information in the preceding Brief Exercise.
Required
Using the given information and your answers for a-d, prepare Harris' income statement and statement of retained earnings for September and its balance sheet at September 30.

Balance Sheet
Balance sheet is a statement of the financial position of a business that list all the assets, liabilities, and owner’s equity and shareholder’s equity at a particular point of time. A balance sheet is also called as a “statement of financial...

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Harris Consulting provides the following incomplete trial balance: Harris Consulting Trial Balance September 30 Debit Credit (a) $ 8,850 Accounts Receivable (b) 1,625 Supplies Notes Payable $ 3,000 10,000 Common Stock Retained Earnings (c) Service Revenue 15,630 10,560 Salaries Expense Utilities Expense Totals 2,350 $33,765 S (d) Required Determine the missing values.

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Financial ACCT2

ISBN: 978-1111530761

2nd edition

Authors: Norman H. Godwin, C. Wayne Alderman

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Question Posted: Jul 16, 2015 02:14 AM

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