03) The accounting report columns of the worksheet for The Hikma Pharmaceuticals PL.C in Dubai at...
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03) The accounting report columns of the worksheet for The Hikma Pharmaceuticals PL.C in Dubai at June 31, 2018, are as follows, THE HIKMA PHARMACEUTICALS PLC Worksheet For the Year Ended June 31, 2018 Statement of Income Statement Financial Position Debit 10,000 7,000 4,000 6,000 219.000 Accounts Debit Credit Credit Cash Accounts Receivable Supplies Prepaid Insurance Equipment Accumulated Depreciation-Equipment Accounts Payable Note Payable Salaries and Wages Payable Share Capital-Ordinary Retained Earnings Dividends Service Revenue Advertising Expense Depreciation Expense Insurance Expense Rent Expense Salaries and Wages Expense Supplies Expense 29,000 19,000 60,000 13,000 50,000 62,000 9,000 123,000 21,000 12,000 3,000 17,000 42.000 6.000 101,000 22.000 123.000 123,000 255,000 233,000 22.000 255.000 25S.000 Totals 123.000 Net Income Required (a) Use the above information to prepare the retained earnings stateent for the year ending at Jue31, 20.5 mak (b) Refer to the above infoimration and assume that the note payable is a long term fiabilny, prepu a lenifed balance theet fr hA Pharmaceuticals PLC at June 31,2018 (5 mark) 03) The accounting report columns of the worksheet for The Hikma Pharmaceuticals PL.C in Dubai at June 31, 2018, are as follows, THE HIKMA PHARMACEUTICALS PLC Worksheet For the Year Ended June 31, 2018 Statement of Income Statement Financial Position Debit 10,000 7,000 4,000 6,000 219.000 Accounts Debit Credit Credit Cash Accounts Receivable Supplies Prepaid Insurance Equipment Accumulated Depreciation-Equipment Accounts Payable Note Payable Salaries and Wages Payable Share Capital-Ordinary Retained Earnings Dividends Service Revenue Advertising Expense Depreciation Expense Insurance Expense Rent Expense Salaries and Wages Expense Supplies Expense 29,000 19,000 60,000 13,000 50,000 62,000 9,000 123,000 21,000 12,000 3,000 17,000 42.000 6.000 101,000 22.000 123.000 123,000 255,000 233,000 22.000 255.000 25S.000 Totals 123.000 Net Income Required (a) Use the above information to prepare the retained earnings stateent for the year ending at Jue31, 20.5 mak (b) Refer to the above infoimration and assume that the note payable is a long term fiabilny, prepu a lenifed balance theet fr hA Pharmaceuticals PLC at June 31,2018 (5 mark)
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a Statement of Retained Earnings Beginning retained earnings 62000 Net i... View the full answer
Related Book For
Accounting Principles
ISBN: 978-0470533475
9th Edition
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
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