Question: Neview View Help 5 B C D E F Examine the adjusted trial balance. Then examine the shell financial statements that follow. Select the boxed



Neview View Help 5 B C D E F Examine the adjusted trial balance. Then examine the shell financial statements that follow. Select the boxed areas within the shell financial statements and use the drop-down pick list to determine which account logically would appear in the indicated location. A correct selection will cause the appropriate dollar amount to populate within the financial statements and place a check mark beside the item within the adjusted trial balance. Continue until all amounts within the trial balance have been "checked off" and the financial statement totals have been shaded green. 1 2 XYZ Company Adjusted Trial Balance For the Year Ending December 31, 20XX 4 Accounts Debit Credit $ 150,000 5 Cash Accounts receivable 7 Prepaid rent 6 42,000 15,000 B Land 84,000 200,000 Building and equipment 10 Accumulated depreciation Accounts payable Unearned revenue 60,000 21.000 12 13,000 Notes payable Problem 100.000 Type here to search o $ Accumulated depreciation 60,000 21,000 Accounts payable 13,000 100,000 2 Unearned revenue 3 Notes payable 14 Capital stock 75,000 15 174,000 Retained earnings, Jan. 1 Revenues 237,000 16 98,000 Wages expense 17 18 45,000 Rent expense 20,000 Depreciation expense 19 Interest expense 20 21 Dividends 8,000 18,000 $ 680,000 680,000 22 23 XYZ Company INCOME STATEMENT For the Year Ending December 31, 20XX 24 25 Less: 26 27 28 TI B C D E XYZ Company INCOME STATEMENT For the Year Ending December 31, 20XX 4 $ - 5 Less: 26 $ $ 27 28 29 30 Net Income 31 $ 32 33 XYZ Company STATEMENT OF RETAINED EARNINGS For the Year Ending December 31, 20XX 34 35 Net income 36 37 $ 38 39 Retained earnings, Dec. 31 6 40 Problem XYZ Company Balance Sheet December 31, 20XX 2 3 $ -4 45 46 47 A Less: 48 Total assets 49 $ 50 51 - 52 Dividends 53 54 Total liabilities $ - 55 $ Retained earnings 56 57 Total liabilities and equity $ 58 59
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