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Adjustment data: a. Office Supplies on hand, $600. b. Accrued Service Revenue, $1,800. c. Accrued Salaries Expense, $500. d. Prepaid Insurance for the month has
Adjustment data: a. Office Supplies on hand, $600. b. Accrued Service Revenue, $1,800. c. Accrued Salaries Expense, $500. d. Prepaid Insurance for the month has expired. e. Depreciation was recorded on the truck for the month. 6. Prepare an adjusted trial balance as of January 31, 2019. 7. Prepare Murphy Delivery Service's income statement and statement of owner's equity for the month ended January 31, 2019, and the classified balance sheet on that date. On the income statement, list expenses in decreasing order by amount- that is, the largest expense first, the smallest expense last. 8. Calculate the following ratios as of January 31, 2019, for Murphy Delivery Ser- vice: return on assets, debt ratio, and current ratio. Together 4-1 gnment, review the Tying It All Together feature in the chapter. It will also be helpful if you review Hyatt Hotels lreport (https/www.sec.gow/Archivesledgar/data/1468174/000146817416000152/h10-k123115.htm) ration is headquartered in Chicago and is a leading global hospitality company. The company develops otels, resorts, and vacation ownership properties in 52 different countries. Caporations income statement foryer ended December 31,2015. What does the income statement report? nt of net income or loss for the year ending December 31,2015 unts that are listed on Hyatt Hotels Corporatinn Adjustment data: a. Office Supplies on hand, $600. b. Accrued Service Revenue, $1,800. c. Accrued Salaries Expense, $500. d. Prepaid Insurance for the month has expired. e. Depreciation was recorded on the truck for the month. 6. Prepare an adjusted trial balance as of January 31, 2019. 7. Prepare Murphy Delivery Service's income statement and statement of owner's equity for the month ended January 31, 2019, and the classified balance sheet on that date. On the income statement, list expenses in decreasing order by amount- that is, the largest expense first, the smallest expense last. 8. Calculate the following ratios as of January 31, 2019, for Murphy Delivery Ser- vice: return on assets, debt ratio, and current ratio. Together 4-1 gnment, review the Tying It All Together feature in the chapter. It will also be helpful if you review Hyatt Hotels lreport (https/www.sec.gow/Archivesledgar/data/1468174/000146817416000152/h10-k123115.htm) ration is headquartered in Chicago and is a leading global hospitality company. The company develops otels, resorts, and vacation ownership properties in 52 different countries. Caporations income statement foryer ended December 31,2015. What does the income statement report? nt of net income or loss for the year ending December 31,2015 unts that are listed on Hyatt Hotels Corporatinn
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