Using the trial balance in alphabetical order below as shown on the picture.

Do a trial balance, Adjusting entries, Financial Statements with EPS, and finaly closing entries.

  

Transcribed Image Text:

Cloud Nine Corporation 2 Trial Balance in Alphabetical Order 3 December 31, 2022 Accounts payable 3 Accounts receviable Accumulated depreciation-furniture and equipment 0 Accumulated depreciation - leasehold improvements 1 Accumulated depreciation -computer hardware and software 2 Allowance for doubtful accounts 3 Amortization expense 4 Bad debt expense 5 Bonds payable 6 Cash 7 Cash dividend-common 8 Cash dividend -preferred 9 Common shares 0 Computer hardware and software 1 Cost of goods sold 2 Depreciation expense 3 Furniture and equipment 4 Gain on discontinued operations 5 General and administrative expenses 6 Goodwill 7 Income tax expense 8 Income tax payable 9 Insurance expense 0 Interest expense -1 Interest payable -2 Inventory 3 Land 4 Leasehold improvements #5 Loss on sale of discontinued operations assets 26 Notes payable 7 Preferred shares 8 Prepaid insurance 39 Prepaid rent 10 Rent expense #1 Retained earnings 42 Salaries expense 13 Sales Markinn Kou + Unadjusted trial balance Cr Dr 10,994 112,475 65,000 25,000 18,776 1,347,776 78,214 30,190 151,682 5,221 988,333 23,349 229,605 67,000 1,728 15,307 17,240 183,857 66,195 21,816 80,369 12,057 400 99,460 171,130 100,000 57,000 176,522 190,486 2.398.202 Cloud Nine Corporation 2 Trial Balance in Alphabetical Order 3 December 31, 2022 Accounts payable 3 Accounts receviable Accumulated depreciation-furniture and equipment 0 Accumulated depreciation - leasehold improvements 1 Accumulated depreciation -computer hardware and software 2 Allowance for doubtful accounts 3 Amortization expense 4 Bad debt expense 5 Bonds payable 6 Cash 7 Cash dividend-common 8 Cash dividend -preferred 9 Common shares 0 Computer hardware and software 1 Cost of goods sold 2 Depreciation expense 3 Furniture and equipment 4 Gain on discontinued operations 5 General and administrative expenses 6 Goodwill 7 Income tax expense 8 Income tax payable 9 Insurance expense 0 Interest expense -1 Interest payable -2 Inventory 3 Land 4 Leasehold improvements #5 Loss on sale of discontinued operations assets 26 Notes payable 7 Preferred shares 8 Prepaid insurance 39 Prepaid rent 10 Rent expense #1 Retained earnings 42 Salaries expense 13 Sales Markinn Kou + Unadjusted trial balance Cr Dr 10,994 112,475 65,000 25,000 18,776 1,347,776 78,214 30,190 151,682 5,221 988,333 23,349 229,605 67,000 1,728 15,307 17,240 183,857 66,195 21,816 80,369 12,057 400 99,460 171,130 100,000 57,000 176,522 190,486 2.398.202

Answer rating: 100% (QA)

Trial Balance as at December 31 2022 SI 1 2 3 4 5 6 7 8 9 10 11 12 13 ... View the full answer