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Answers to (a) (b) and (c) on problem E4-8 and (a) and (b) on E4-9 please E4-8 Plevin Company ended its fiscal year on July

Answers to (a) (b) and (c) on problem E4-8 and (a) and (b) on E4-9 please image text in transcribed
E4-8 Plevin Company ended its fiscal year on July 31, 2017. The company's adjusted trial Jov balance as of the end of its fiscal year is shown below. ent PLEVIN COMPANY Adjusted Trial Balance July 31, 2017 Account Titles credit Debit No. 101 Cash 9,840 8,780 112 Accounts Receivable 15,900 157 Equipment 7,400 158 Accumulated Depreciation-Equip. 4,220 201 Accounts Payable 1,800 208 Unearned Rent Revenue 20,000 311 Common Stock 25,200 320 Retained Earnings 16,000 332 Dividends 64,000 400 Service Revenue 6,500 429 Rent Revenue 8,000 711 Depreciation Expense 55.700 726 Salaries and Wages Expense 14,900 732 Utilities Expense $129,120 $129,120 Instructions (a) Prepare the closing entries using page J15. (b) Post to the Retained Earnings and No. 350 Income Summary accounts. (Use the three-column form.) (c) Prepare a post-closing trial balance at July 31. E4-9 The adjusted trial balance for Plevin Company is presented in EA-8. Instructions (a) Prepare an income statement and a retained earnings statement for the year. (b) Prepare a classified balance sheet at July 31

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