Eric Baker began operations as a private investigator on January 1, 2014. The trial balance columns of
Question:
Eric Baker began operations as a private investigator on January 1, 2014. The trial balance columns of the worksheet for Eric Baker, P.I., Inc. at March 31 are as follows.
|
Other data:
|
Instructions
(a) | Enter the trial balance on a worksheet and complete the worksheet. |
(b) | Prepare an income statement and a retained earnings statement for the quarter and a classified balance sheet at March 31. |
(c) | Journalize the adjusting entries from the adjustments columns of the worksheet. |
(d) | Journalize the closing entries from the financial statement columns of the worksheet. |
Financial Accounting
ISBN: 978-1118978085
IFRS 3rd edition
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso