Calculate the ending Retaine Earning balance for the month of January 2023 in good form, assuming...
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Calculate the ending Retaine Earning balance for the month of January 2023 in good form, assuming the below select account balances came from the company's adjusted trial balance as of January 30: Selected Account Balances Cash Accounts Receivable Accounts Payable Common Stock Retained Earnings Interest Revenue Service Revenue Wages Expense Rent Expense $33,000 1,200 3,000 15,000 8,700 1,000 48,000 20,000 1,500 Dividends 5,700 Kermit Company issued 3,000 shares of its $4 par value common stock at a cash price of $21 per share on November 23. The journal entry to record this transaction would include a credit to the common stock account in the amount of ... Calculate the ending Retaine Earning balance for the month of January 2023 in good form, assuming the below select account balances came from the company's adjusted trial balance as of January 30: Selected Account Balances Cash Accounts Receivable Accounts Payable Common Stock Retained Earnings Interest Revenue Service Revenue Wages Expense Rent Expense $33,000 1,200 3,000 15,000 8,700 1,000 48,000 20,000 1,500 Dividends 5,700 Kermit Company issued 3,000 shares of its $4 par value common stock at a cash price of $21 per share on November 23. The journal entry to record this transaction would include a credit to the common stock account in the amount of ...
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Related Book For
Accounting Principles
ISBN: 978-1119048503
7th Canadian Edition Volume 1
Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel, Barbara Trenholm, Valerie Warren, Lori Novak
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