Prepare the income statement of Celebrity Bank for the year ended December 31, 2012. b) Prepare...
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Prepare the income statement of Celebrity Bank for the year ended December 31, 2012. b) Prepare the company's balance sheet at December 31, 2012. Bank Cheque Account Deposits by Customers Cheque Book Stock Retained Earnings Capital Stock Cash Bank IT System Salaries Expense Fixtures & Fittings Rent Expense Bank Commission Income Land Sale of Stamps Accounting & Auditing Fees Provision for Tax Payments Advertising Expense Building ? Celebrity Bank 32.500 Supplies Expense 3.623.410 Utilities Expense 2.400 Accounts Payable Accounts Receivable 2.200.000 Service Revenue 5.300.000 Supplies 70.400 Stamp Stock 45.000 Locker Rent Income 265.000 Reserves at Central Bank 37.600 Loan to Customers 510.000 Sale of Cheque Books 390.000 Stationary Expense 1.760 Bank Overdraft in Other Banks 55.600 Comuputer Consultancy Expense 11.000 Interest Payable on Bank Overdraft 12.400 Interest Expense 765.000 Cheques on Clearing 1.240 880 280.400 43.300 1.560.000 1.990 2.700 3.100 530.000 1.810.500 2.900 660 901.750 33.500 291.400 38.700 11.350 Prepare the income statement of Celebrity Bank for the year ended December 31, 2012. b) Prepare the company's balance sheet at December 31, 2012. Bank Cheque Account Deposits by Customers Cheque Book Stock Retained Earnings Capital Stock Cash Bank IT System Salaries Expense Fixtures & Fittings Rent Expense Bank Commission Income Land Sale of Stamps Accounting & Auditing Fees Provision for Tax Payments Advertising Expense Building ? Celebrity Bank 32.500 Supplies Expense 3.623.410 Utilities Expense 2.400 Accounts Payable Accounts Receivable 2.200.000 Service Revenue 5.300.000 Supplies 70.400 Stamp Stock 45.000 Locker Rent Income 265.000 Reserves at Central Bank 37.600 Loan to Customers 510.000 Sale of Cheque Books 390.000 Stationary Expense 1.760 Bank Overdraft in Other Banks 55.600 Comuputer Consultancy Expense 11.000 Interest Payable on Bank Overdraft 12.400 Interest Expense 765.000 Cheques on Clearing 1.240 880 280.400 43.300 1.560.000 1.990 2.700 3.100 530.000 1.810.500 2.900 660 901.750 33.500 291.400 38.700 11.350
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Financial Accounting
ISBN: 978-1259103285
5th Canadian edition
Authors: Robert Libby, Patricia Libby, Daniel Short, George Kanaan, M
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