Question: Financial Accounting for Undergraduates (third edition) Question P4-2B is what i need Prepaid insurance Retained earnings Required Prepare a classified balance sheet as of December

Financial Accounting for Undergraduates (third edition)

Question P4-2B is what i need

Financial Accounting for Undergraduates (third edition) Question P4-2B is what i need

Prepaid insurance Retained earnings Required Prepare a classified balance sheet as of December 31, 2016, for McKensie & Company collected as of December 31, 2016. All accounts have normal balances. 4-2B. Preparing a Classified Balance Sheet The following financial data for the St. John Co . . ..$ $195,400 Furniture and equipment . Accounts receivable. . 92,800 36,800 Cash 600 Accumulated Depreciation- furniture and equipment. " . 77,600 400,000 . . Required Prepare a classified balance sheet as of December 31, 2016. 4-3B. Multstep Income Statement The adjusted trial balance of Marshall Corporation on December 2016, is shown below Marshall Corporation Adjusted Trial Balance December 31, 2016 Debit Credit Cash . $ 50,400 95,200 87,000 1,300 ....32,000 Prepaid insurance . 6,800 Accumulated depreciation-delivery equipment.. 66,000 Common stock Retained earnings Sales revenue 34,000 17,400 208,000 59,600 371,200 .. Insurance expense Depreciation expense-furniture and fixtures .. Depreciation expense-delivery equipment 97,000 20,800 6,800 1,500 3,200 ..18,000 3,00000 $697.000 $697.00

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