Question: Ly Test 3 (Final) - Lyryx Learning Inc - Google Chrome X lifal.lyryx.com/quiz-servlets/QuizServlet?cod=11209 Barton Corporation began operations 2 years ago. Its adjusted account balances at

 Ly Test 3 (Final) - Lyryx Learning Inc - Google Chrome

Ly Test 3 (Final) - Lyryx Learning Inc - Google Chrome X lifal.lyryx.com/quiz-servlets/QuizServlet?cod=11209 Barton Corporation began operations 2 years ago. Its adjusted account balances at January 31, 2014 are shown below. Barton Corporation issued shares worth $9,500 during January, 2014. Use this information to prepare the following a. Income statement for the month ended January 31. b. Statement of changes in equity for the month ended January 31. c. Classified balance sheet at January 31. Account Balance (select one) Accounts receivable 11,930 Income Statement Accumulated depreciation, building 4,520 (select one) Accumulated depreciation, trucks 3,820 Advertising expense 7,100 Bonds Payable (due August, 2018) 15,470 Building 33,890 Cash 3,730 X Commissions earned 10,010 Consulting revenue earned 13,820 Depreciation expense, building 970 Depreciation expense, trucks 860 Dividends 1,550 Interest earned 1,530 Land 6,740 Long-term investment in shares 12,390 Mortgage Payable (due August, 2018) 14,460 Patents 6,940 (select one Prepaid advertising 1,140 Statement of Changes in Equity Property taxes expense 5,420 (select one) Property taxes payable 4,100 Share Retained Total Capital Earnings Equity Rent earned 4,820 Retained earnings 5, 130 X IH Share capital 18,440 X - Trucks 11,930 Unearned consulting revenue 2, 140 Unearned rent 6,330 ENG 87-14 IN 17-12 2021

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