multiple steps

EXCEL (Single-Step Statement, Retained Earnings Statement, Periodic Inventory) Presented bel hompson Corporation at December 31, 2017 THOMPSON CORPORATION TRIAL BALANCE DECEMBER 31, 2017 Debit Credit $ 10,000 $ 189,700 105,000 18,000 160,000 18,000 1,100,000 110,000 49,000 28,000 14,500 17,500 20,000 232,000 99,000 300,000 Purchase Discounts Cash Accounts Receivable Rent Revenue Retained Earings Salaries and Wages Payable Sales Revenue Notes Receivable Accounts Payable Accumulated Depreciation Equipment Sales Discounts Sales Returns and Allowances Notes Payable Selling Expenses Administrative Expenses Common Stock Income Tax Expense Cash Dividends Allowance for Doubtful Accounts Supplies Freight-In Land Equipment Bonds Payable Cain on Sale of Land Accumulated Depreciation - Buildings Inventory Buildings Purchases Totals 53,900 45,000 5,000 14,000 20,000 70,000 140,000 100,000 30,000 19,600 89,000 98,000 610,000 $1,907,600 $1,907,600 al count of inventory on December 31 resulted in an inventory amount of 564,000; thus, cost of goods sold for 2012 tions come statement and a retained earnings statement. Assume that the only changes in retain ore from net income and dividends. Th Zoom sand shares of common stock were oul Modulo2 cap.4 ejercicos y problemas co... (19/19) A EXCEL (Single-Step Statement, Retained Earnings Statement, Periodic Inventory) Presented bel hompson Corporation at December 31, 2017 THOMPSON CORPORATION TRIAL BALANCE DECEMBER 31, 2017 Debit Credit $ 10,000 $ 189,700 105,000 18,000 160,000 18,000 1,100,000 110,000 49,000 28,000 14,500 17,500 20,000 232,000 99,000 300,000 Purchase Discounts Cash Accounts Receivable Rent Revenue Retained Earings Salaries and Wages Payable Sales Revenue Notes Receivable Accounts Payable Accumulated Depreciation Equipment Sales Discounts Sales Returns and Allowances Notes Payable Selling Expenses Administrative Expenses Common Stock Income Tax Expense Cash Dividends Allowance for Doubtful Accounts Supplies Freight-In Land Equipment Bonds Payable Cain on Sale of Land Accumulated Depreciation - Buildings Inventory Buildings Purchases Totals 53,900 45,000 5,000 14,000 20,000 70,000 140,000 100,000 30,000 19,600 89,000 98,000 610,000 $1,907,600 $1,907,600 al count of inventory on December 31 resulted in an inventory amount of 564,000; thus, cost of goods sold for 2012 tions come statement and a retained earnings statement. Assume that the only changes in retain ore from net income and dividends. Th Zoom sand shares of common stock were oul Modulo2 cap.4 ejercicos y problemas co... (19/19) A