Question: Please complete all parts a-e Comprehensive Problem. np OMPREHENSIVE PROBLEM: CHAPTERS 13 To.15 CP15 Quigley Corporation's trial balance at December 31, 2017, is presented below.
Comprehensive Problem. np OMPREHENSIVE PROBLEM: CHAPTERS 13 To.15 CP15 Quigley Corporation's trial balance at December 31, 2017, is presented below. All 2017 transac- recorded except for the items described below Debit Credit s 25,500 Accounts Receivable 22,700 Land Allowance for Doubtful Accounts Accumulated Depreciation-Buildings Accumulated Depreciation-Equipment Accounts Payable Interest Payable Dividends Payable Unearned Rent Revenue Bonds Payable (10%) Common Stock ($10 par) Paid-in Capital in Excess of Par-Common Stock Preferred Stock ($20 par) Paid-in Capital in Excess of Par-Preferred Stock Retained Earnings Treasury Stock Cash Dividends Sales Revenue Rent Revenue Bad Debt Expense Interest Expense Cost of Goods Sold Depreciation Expense Other Operating Expenses Salaries and Wages Expense 14.400 19,300 8,000 30,000 39,000 65,000 $803,200 Total $803,200 1. On 2. On January 201 3. Quigley reacquired January 1, 2017, Quigley issued 1,000 shares of $20 par, 6% preferred stock for $22,000. 1, 2017Quigley also issued 100 shares of common stock for S2300. 300 shares of its common stock on July 1, 2017, for $49 per share. December 31, 2017, Quigley declared the annual cash dividend on the preferred stock and a 50 per share dividend on the outstanding common stock, all payable on January 15, 2018 that uncollectible accounts receivable at year-end is $5,100. 6. The building is being depreciated using the straight-line method over 30 years. The salvage value is $1. 5. Quigley estimates $5,000. 7. The equipment is being depreciated wsing the straight-ine method over 10 years. The salvage value sThe unearned rent was collected on October 1, 2017. It was the receipt of 4 months' rent in advance (October 1, 2017 through January 31, 2018). The long bonds payable pay interest every January 1 The interest for the 12 months ended Decem- ber 31, 2017, has not been pald or recorded entries for the transactions and adjustment listed above. an updated December 31, 2017, trial balance,reflecting the journal entries in (a).(b) Total $871.200 Prepare a multiple-step income statement for the year ending December 31, 2017 earnings statement for the year ending December 31, 2017. a classified balance sheet as of December 31, 2017 e) Prepare e) Total assets $273,4
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