From the worksheet in Exercise E8-4B, prepare the assets section of a classified balance sheet. Data from
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From the worksheet in Exercise E8-4B, prepare the assets section of a classified balance sheet.
Data from in exercise E8-4B.
From the following partial worksheet, journalize the closing entries of December 31 for A. Slow Co.
Transcribed Image Text:
Account Titles Cash Inventory Prepaid Advertising Prepaid Insurance Office Equipment Accum. Dep'n., Office Equip. Accounts Payable A. Slow, Capital Sales Sales Returns and Allowances Sales Discounts Cost of Goods Sold Salaries Expense Insurance Expense Utilities Expense Plumbing Expense Advertising Expense Dep'n. Expense, Office Equip. Accrued Salarics Net Income A. SLOW CO. WORKSHEET FOR THE YEAR ENDED DECEMBER 31, 2022 Balance Sheet Income Statement Dr. Cr. 36400 27700 314200 157600 57800 135 00 8800 56 00 65 00 772000 772000 LIN Dr. 20300 57500 68000 36000 198000 85 00 628100 772000 3798 00 2359 00 143900 143900 379800 Cr. 772000 379800 360 00 548 00 1366 00
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College Accounting A Practical Approach
ISBN: 9780135222416
14th Canadian Edition
Authors: Jeffrey Slater, Debra Good
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