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15 degree plan.pdf Register and Drop Classes Scan_20181206.pdf Scan 20181205.pdfX+ V file:///C/Users/a an 20181206.pdf Problem 2: Financial Statements and Closing Entries (28 points) The list
15 degree plan.pdf Register and Drop Classes Scan_20181206.pdf Scan 20181205.pdfX+ V file:///C/Users/a an 20181206.pdf Problem 2: Financial Statements and Closing Entries (28 points) The list of accounts presented below are from the accounting records of Able Company on September 30, 2015 Able Company Adjusted Trial Balance For the Year ended Sept. 30, 2015 Credit Account Cash Accounts receivable Inventory Buildings &equipment Accounts payable Unearned revenue Notes payable Common Stock Retained earnings Sales Revenue Cost of goods sold Salaries expense Insurance expense Dividends Total Debit $4,200 3,000 2,300 145,000 $900 1,700 7,000 46,000 97,700 15,400 7,800 4,400 1,200 800 $168,700 $168,700 Required Based on the above adjusted trial balance, prepare the income statement for the month of September (10 pts), and balance sheet (12 pts) on September 30, 2015. Be sure to include appropriate titles and dates on all of your statements. a) b) Prepare the closing journal entries in proper journal form at the end of September 30, 2015. (6 pts) 9:07 AM O Type here to search rP ^ 41) ENG 12/6/2018
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