1. Shown below are the account balances for Barnie Corp. for their year-end December 31, 2022:...
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1. Shown below are the account balances for Barnie Corp. for their year-end December 31, 2022: Cash 72,600 $ 10,475 Accounts receivable 16,640 Inventory Building Accumulated amortization building 9,400 98,220 188,600 Accounts payable Income taxes payable Common shares 5,450 154,525 Retained earnings, beginning 7,500 Dividends declared Sales revenue Cost of goods sold 143,600 Salaries and wages expense Amortization expense Required: prepare the: 265,000 12,850 Utilities expense Supplies expense Income taxes expense 7,640 3,300 1,970 40,720 56,900 i) the income statement, ii) the statement of retained earnings, and iii) the classified balance sheet for Barnie Corporation. R 1. Shown below are the account balances for Barnie Corp. for their year-end December 31, 2022: Cash 72,600 $ 10,475 Accounts receivable 16,640 Inventory Building Accumulated amortization building 9,400 98,220 188,600 Accounts payable Income taxes payable Common shares 5,450 154,525 Retained earnings, beginning 7,500 Dividends declared Sales revenue Cost of goods sold 143,600 Salaries and wages expense Amortization expense Required: prepare the: 265,000 12,850 Utilities expense Supplies expense Income taxes expense 7,640 3,300 1,970 40,720 56,900 i) the income statement, ii) the statement of retained earnings, and iii) the classified balance sheet for Barnie Corporation. R
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Barnie Corporation Financial Statements December 31 2022 i Income Statement Income Statement Amount ... View the full answer
Related Book For
Survey of Accounting
ISBN: 978-0078110856
3rd Edition
Authors: Thomas P. Edmonds, Frances M. McNair, Philip R. Olds, Bor Yi
Posted Date:
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