MARIN WHOLESALE COMPANY Trial Balance December 31,2022 Cash Accounts Receivable Inventory Land Buildings Accumulated Depreciation-Buildings Equipment...

 

 

 

 

  

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MARIN WHOLESALE COMPANY Trial Balance December 31,2022 Cash Accounts Receivable Inventory Land Buildings Accumulated Depreciation-Buildings Equipment Accumulated Depreciation-Equipment Notes Payable Accounts Payable Common Stock Retained Earnings Dividends Sales Revenue Sales Discounts Cost of Goods Sold Salaries and Wages Expense Utilities Expense Maintenance and Repairs Expense Debit $ 30,500 40,000 72,900 90,900 198,900 82,400 8,900 4,900 708,800 50,200 10,300 7,800 Credit $ 58,900 39,400 53,600 16,400 158,900 66,100 921,000 Accumulated Depreciation-Buildings Equipment Accumulated Depreciation-Equipment Notes Payable Accounts Payable Common Stock Retained Earnings Dividends Sales Revenue Sales Discounts Cost of Goods Sold Salaries and Wages Expense Utilities Expense Maintenance and Repairs Expense Advertising Expense Insurance Expense Adjustment data: 82,400 1. 2. 3. 8,900 $ 58,900 39,400 53,600 16,400 158,900 66,100 921,000 4,900 708,800 50,200 10,300 7,800 4,100 3,700 $1,314,300 $1,314,300 Depreciation is $6,900 on buildings and $5,900 on equipment. (Both are operating expenses.) Interest of $3,400 is due and unpaid on notes payable at December 31. Income tax due and unpaid at December 31 is $22,900. Other data: $13,900 of the notes payable are payable next year. : # Depreciation Expense Interest Expense Interest Payable Income Tax Expense Income Taxes Payable # : 9 MARIN WHOLESALE COMPANY Adjusted Trial Balance Debit Credit A MARIN WHOLESALE COMPANY Income Statement NO # Prepare a retained earnings statement for the year ended December 31, 2022. MARIN WHOLESALE COMPANY Retained Earnings Statement $ MARIN WHOLESALE COMPANY Trial Balance December 31,2022 Cash Accounts Receivable Inventory Land Buildings Accumulated Depreciation-Buildings Equipment Accumulated Depreciation-Equipment Notes Payable Accounts Payable Common Stock Retained Earnings Dividends Sales Revenue Sales Discounts Cost of Goods Sold Salaries and Wages Expense Utilities Expense Maintenance and Repairs Expense Debit $ 30,500 40,000 72,900 90,900 198,900 82,400 8,900 4,900 708,800 50,200 10,300 7,800 Credit $ 58,900 39,400 53,600 16,400 158,900 66,100 921,000 Accumulated Depreciation-Buildings Equipment Accumulated Depreciation-Equipment Notes Payable Accounts Payable Common Stock Retained Earnings Dividends Sales Revenue Sales Discounts Cost of Goods Sold Salaries and Wages Expense Utilities Expense Maintenance and Repairs Expense Advertising Expense Insurance Expense Adjustment data: 82,400 1. 2. 3. 8,900 $ 58,900 39,400 53,600 16,400 158,900 66,100 921,000 4,900 708,800 50,200 10,300 7,800 4,100 3,700 $1,314,300 $1,314,300 Depreciation is $6,900 on buildings and $5,900 on equipment. (Both are operating expenses.) Interest of $3,400 is due and unpaid on notes payable at December 31. Income tax due and unpaid at December 31 is $22,900. Other data: $13,900 of the notes payable are payable next year. : # Depreciation Expense Interest Expense Interest Payable Income Tax Expense Income Taxes Payable # : 9 MARIN WHOLESALE COMPANY Adjusted Trial Balance Debit Credit A MARIN WHOLESALE COMPANY Income Statement NO # Prepare a retained earnings statement for the year ended December 31, 2022. MARIN WHOLESALE COMPANY Retained Earnings Statement $

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