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Adjusted Trial Balance Income statement Please help me with this exercise. I will be truly grateful. Please! Other data: 1. Insurance expires at the rate
Adjusted Trial Balance
Income statement
Please help me with this exercise. I will be truly grateful. Please!
Other data: 1. Insurance expires at the rate of $450 per month. 2. A count of supplies shows $1,050 of unused supplies on May 31 . 3. (a) Annual depreciation is $3,600 on the building. (b) Annual depreciation is $3,000 on equipment. Prepare an income statement for the month of May- Prepare a retained earnings statement for the month of May. Prepare a classified balance sheet at May 31. (List current assets in order of liquidity. List Property, Plant and Equipment in order of Land, Buildings and Equipment.) MOTO HOTEL Balance Sheet AssetsStep by Step Solution
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