. Selected amounts from Hng H's trial balance of 12/31/19 appear below: 1. Accounts Payable 190,000...
Question:
. Selected amounts from Hồng Hà's trial balance of 12/31/19 appear below:
1. Accounts Payable € 190,000
2. Accounts Receivable 150,000
3. Accumulated Depreciation—Equipment 200,000
4. Allowance for Doubtful Accounts 20,000
5. Bonds Payable 500,000
6. Cash 150,000
7. Equipment 840,000
8. Insurance Expense 30,000
9. Interest Expense 10,000
10. Inventory 300,000
11. Notes Payable (due 6/1/20) 200,000
12. Prepaid Rent ''..........''
13. Retained Earnings 818,000
14. Salaries and Wages Expense 328,000
15. Share Capital–Ordinary 60,000
16. Revenue "…....''
(All of the above accounts have their standard or normal debit or credit balance.)
At December 31, 2019, based on the following supplemental information.
a. The equipment has a useful life of ...years with no salvage value. (Straight-line method being used.)
b. Interest accrued on the bonds payable is €16,000 as of 12/31/19.
c. Expired insurance at 12/31/19 is .....
d. The rent payment of ..... covered the six months from November 30, 2019 through May 31, 2020.
e. Salaries and wages incurred but unpaid at 12/31/19......
Required:
1. Fill in dot ''......'' with any relevant data. ( your own choice of numbers)
2. Prepare 10 colume worsheet
Interpreting and Analyzing Financial Statements
ISBN: 978-0132746243
6th edition
Authors: Karen P. Schoenebeck, Mark P. Holtzman