Cromwell Corporation has the following trial balance account balances, given in no certain order, as of December 31, 2018. Using the information provided, prepare Cromwell’s annual financial statements (omit the Statement of Cash Flows).

 

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Supplies Fees earned Accounts receivable Accounts payable Office furniture Rent expense Retained earnings Cash Electricity expense Common stock Miscellaneous expenses Dividends $ 865 22,850 2,580 1,945 12,685 12,240 3,600 4,695 1,380 10,000 1,450 2,500 Supplies Fees earned Accounts receivable Accounts payable Office furniture Rent expense Retained earnings Cash Electricity expense Common stock Miscellaneous expenses Dividends $ 865 22,850 2,580 1,945 12,685 12,240 3,600 4,695 1,380 10,000 1,450 2,500

Answer rating: 100% (QA)

Answer Income statement For the Year Ended 31st December 2018 Particulars Re... View the full answer