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1 J , 13 Secunos, Question Completion Status: 10000 20000 5000 37000 Cash Accounts Receivable Supplies Land Accounts Payable Wages Payable Common Stock Retained Earnings

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1 J , 13 Secunos, Question Completion Status: 10000 20000 5000 37000 Cash Accounts Receivable Supplies Land Accounts Payable Wages Payable Common Stock Retained Earnings Dividends Fees Earned Wages Expense Rent Expense 11000 3000 44000 7000 15000 35000 6000 7000 100000 100000 Prepare a statement of Retained Earnings to get the ending retained earnings. Don't forget you have to do an income statement before you can do the statement of retained earnings. Negative ($8000) $14,000 $7000 None of the above wuestion completion Status: none of the above QUESTION 13 Which of the following accounts is a liability? a. Accounts Payable b. Wages Expense c. Service Revenue d. Accounts Receivable QUESTION 14 Which of the following is the proper adjusting entry, based on a prepaid insurance account balance before adjustment of S14,000 and unexpired insurance of $3.000, for the fiscal year ending on April 30? a. debit Insurance Expense, $3,000: credit Prepaid Insurance, $3,000 b. debit Insurance Expense, $11,000: credit Prepaid Insurance, $11.000 c. debit Insurance Expense, S14,000: credit Prepaid Insurance, $14.000 d. debit Prepaid Insurance, $11,000: credit Insurance Expense, $11,000 Click Save and Submit to save and submit. Click Save All Answers to save all answers

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