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answer all for a up vote. thanks Critz Company was started on January 1. Year 1. During the month of January. Critz earned $7,800 of
answer all for a up vote. thanks
Critz Company was started on January 1. Year 1. During the month of January. Critz earned $7,800 of revenue and incurred $4,600 of expenses. During the remainder of Year 1, Critz earned $68,000 and incurred $58,000 of expenses. Critz closes its books on December 31 of each year. Required o. Determine the balance in the Retained Eamings account as of January 31, Year 1 . b. Determine the balance in the Revenue and Expense accounts as of January 31 , Year 1. c. Determine the balance in the Retained Earnings account as of December 31 , Year 1 , before closing. d. Determine the balances in the Revenue and Expense accounts as of December 31 , Year 1 , before closing. e. Determine the balance in the Retained Earnings account as of January 1, Year 2. f. Determine the balance in the Revenue and Expense accounts as of January 1, Year 2. Complete this question by entering your answers in the tabs below. Determine the balances in the Retained Earnings, Revenue and Expense accounts as of January 31, Year. 1 . Critz Company was started on January 1, Year 1. During the month of January. Critz earned $7,800 of revenue and incurred $4,600 of expenses. During the remainder of Year 1, Critz earned $68,000 and incurred $58,000 of expenses. Critz closes its books on December 31 of each year. Required o. Determine the balance in the Retained Earnings account as of January 31, Year 1. b. Determine the balance in the Revenue and Expense accounts as of January 31 , Year 1. c. Determine the balance in the Retained Earnings account as of December 31 , Year 1 , before closing. d. Determine the balances in the Revenue and Expense accounts as of December 31, Year 1 , before closing. e. Determine the balance in the Retained Earnings account as of January 1, Year 2 f. Determine the balance in the Revenue and Expense accounts as of January 1. Year 2 Complete this question by cntering your answers in the tabs below. Determine the balances in the Retained Earnings, Revenue and Expense accounts as of December 31 , Year 1 , before closing. Critz Company was started on January 1. Year 1. During the month of January. Critz earned $7.800 of revenue and incurred $4.600 of expenses. During the remalnder of Year 1. Critz earned $68.000 and incurred $58.000 of expenses. Critz closes its books on December 31 of each yeat. Required o. Determine the balance in the Retained Eamings account as of January 31, Year 1. b. Determine the balance in the Revenue and Expense accounts as of January 31, Year 1. c. Determine the balance in the Retained Eamings account as of December 31 , Year 1 , before closing. d. Determine the balances in the Revenue and Expense accounts as of December 31 , Year 1 , before closing. e. Determine the balance in the Retained Earnings account as of January 1, Year 2 . f. Determine the balance in the Revenue and Expense accounts as of January 1, Year 2. Complete this question by entering your answers in the tabs below. Determine the balances in the Retained Earnings, Revenue and Expense accounts as of January 1 , Year 2 Step by Step Solution
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