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1. Record journal entries from january 3-31 2. record adjusting journal entries for: inventory, uncollectable accounts, interest, income tax, revenue, and expenses on jan 31
1. Record journal entries from january 3-31
2. record adjusting journal entries for: inventory, uncollectable accounts, interest, income tax, revenue, and expenses on jan 31
3. create income statement for year ended on january 31
4. create balance sheet for year ended on janaury 31
On January 1, 2018, the general ledger of Redbud Company includes the following account balances: Accounts Debit Carrt Cash Accounts Receivable S 23,700 41,000 39,000 75,100 Land Allowance for Uncollectible Accounts Accounts Payable Notes Payable (8%, due in 3 years) Common Stock Retained Earnings 4,900 27,900 39,000 42,000 Totals 5 178,800 S 178,800Step by Step Solution
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