Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

14. The following is the Adjusted Trial Balance for ABC company at Dec 31st 2020 ABC Adjusted Trial Balance As of Dec, 31st 2020 ...Credit

image text in transcribed

14. The following is the Adjusted Trial Balance for ABC company at Dec 31st 2020 ABC Adjusted Trial Balance As of Dec, 31st 2020 ...Credit Debit 9000 12000 32000 Account Name Cash Supplies Equipment Share capital Retained earnings Dividends. Salaries expense Advertising expense Service revenue Total 33000 12000 2000 3000 1000 14000 59000 59000 Retained earnings in the post closing trial balance would be (2 points) 22.000 24000 20000 8000

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Nuclear Auditing Handbook A Guide For Quality Systems Practitioners

Authors: Charles Moseley, Norman Moreau, Karen Douglas

1st Edition

1636940072, 978-1636940076

More Books

Students also viewed these Accounting questions

Question

10. What is meant by a feed rate?

Answered: 1 week ago