The adjusted trial balance for Burlington Advertising Services is presented below: (Click on the icon to...
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The adjusted trial balance for Burlington Advertising Services is presented below: (Click on the icon to view the adjusted trial balance.) Read the requirements Requirement 1. Prepare the income statement for the year ending December 31, 2024. (Use a minus sign or parentheses to show a net loss. If a box is not used in the statement, leave the box empty; do not select a label or enter a zero.) Burlington Advertising Services Income Statement Year Ended December 31, 2024 Net Income (Loss) ewc The Read Req box Net Data table Account Title Cash Burlington Advertising Services Adjusted Trial Balance December 31, 2024 Accounts Receivable Office Supplies Land Building Accumulated Depreciation-Building Furniture Accumulated Depreciation-Furniture Accounts Payable Salaries Payable Unearned Revenue. Print $ Done Balance Debit 13,600 10,500 6,400 18,700 49,500 17,600 $ Credit 38,100 14,400 9,700 7,900 16.500 - X - poi parer Data table Furniture Accumulated Depreciation-Furniture Accounts Payable Salaries Payable Unearned Revenue Common Stock Retained Earnings Dividends Service Revenue Salaries Expense Supplies Expense Depreciation Expense-Building Depreciation Expense-Furniture Advertising Expense Total Print 17,600 Done 19,600 29,000 8,800 3,100 1,200 10,800 $ 188,800 $ 14,400 9,700 7,900 16,500 30,500 33,700 38,000 188,800 - X The adjusted trial balance for Burlington Advertising Services is presented below: (Click on the icon to view the adjusted trial balance.) Read the requirements Requirement 1. Prepare the income statement for the year ending December 31, 2024. (Use a minus sign or parentheses to show a net loss. If a box is not used in the statement, leave the box empty; do not select a label or enter a zero.) Burlington Advertising Services Income Statement Year Ended December 31, 2024 Net Income (Loss) ewc The Read Req box Net Data table Account Title Cash Burlington Advertising Services Adjusted Trial Balance December 31, 2024 Accounts Receivable Office Supplies Land Building Accumulated Depreciation-Building Furniture Accumulated Depreciation-Furniture Accounts Payable Salaries Payable Unearned Revenue. Print $ Done Balance Debit 13,600 10,500 6,400 18,700 49,500 17,600 $ Credit 38,100 14,400 9,700 7,900 16.500 - X - poi parer Data table Furniture Accumulated Depreciation-Furniture Accounts Payable Salaries Payable Unearned Revenue Common Stock Retained Earnings Dividends Service Revenue Salaries Expense Supplies Expense Depreciation Expense-Building Depreciation Expense-Furniture Advertising Expense Total Print 17,600 Done 19,600 29,000 8,800 3,100 1,200 10,800 $ 188,800 $ 14,400 9,700 7,900 16,500 30,500 33,700 38,000 188,800 - X
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BURLINGTON ADVERTISING SERVICES INCOME STATEMENTS YEAR ... View the full answer
Related Book For
Horngrens Financial and Managerial Accounting
ISBN: 978-0133866292
5th edition
Authors: Tracie L. Nobles, Brenda L. Mattison, Ella Mae Matsumura
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