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7:46 Expert Q&A Done 7:46 Expert Q&A Done WHITE 7:46 Expert Q&A Done 7:46 Expert Q&A Done Question 2 of 2 -/50 III View Policies

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7:46 Expert Q&A Done 7:46 Expert Q&A Done WHITE 7:46 Expert Q&A Done 7:46 Expert Q&A Done Question 2 of 2 -/50 III View Policies Current Attempt in Progress Sandhill Department Store is located near the Towne Shopping Mall At the end of the company's calendar year on December 31, 2020, the following accounts appeared in two of its trial balances Unadjusted Adjusted Unadjusted Adjusted Accounts Payable E93,086 94,306 Inventory E91,500 E91,500 Accounts Receivable 61.366 61.366 Mortgage Payable 97.600 97.800 51.362 64,050 Accumulated Depr.-Buildings Accumulated Depr.--Equipment Prepaid Insurance 11.712 2.928 36,112 52.094 Property Tax Expense 5,856 Buildings 353,800 353,800 Property Taxes Payable 5,856 Cash 29.036 29036 78.312 78,812 Cost of Goods Sold 503.494 503.494 Retained Earnings Salaries and Wages Expense Sales Commissions Expense 128.100 128,100 Depreciation Expense 28.670 12.444 17,690 Dividends 29.280 29.280 Sales Commissions Payable 5.246 Equipment 134,200 134200 Sales Returns and Allowances 9,760 9,760 Insurance Expense 8.784 883,280 883, 280 Sales Revenue Share Capital-Ordinary Interest Expense 3,660 9.882 136,640 136,640 6,222 Interest Payable 13,420 Utilities Expense 14,640 Interest Revenue 4,880 4,880 Prepare an Income statement. (List other revenues before other expenses. Enter negative amounts using eitherangative preceding the number 8-45 or parentheses (450) - 750 Prepare an income statement. (List other revenues before other openses. Enter negative amounts using either a negative in preceding the number es. -45 or parentheses es (451) SANDHILL DEPARTMENT STORE Income Statement E 5 > > E e Textbook and Media List of Accounts 4 Prepare a retained earnings statement. (List items that increase retained earnings first.) SANDHILL DEPARTMENT STORE Retained Earnings Statement V e Textbook and Media List of Accounts Question 2 of 2 -750 SANDHILL DEPARTMENT STORE Statement of Financial Position Assets Q M E V Equity and Liabilities Equity and Liabilities > > E e Textbook and Media List of Accounts 4 Prepare a retained earnings statement. (List items that increase retained earnings first.) SANDHILL DEPARTMENT STORE Retained Earnings Statement V e Textbook and Media List of Accounts Question 2 of 2 -750 SANDHILL DEPARTMENT STORE Statement of Financial Position Assets Q M E V Equity and Liabilities Equity and Liabilities >

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