Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

balance sheet. ACCOUNT Cash DESCRIPTION T CREDIT EST 2000000 2.000.00 3,000.00 30.00 ACCOUNT NO BURNE Det ect 20000 OCI 22.000 od 25.000 24.92000 34 920

balance sheet.

image text in transcribed

image text in transcribed

image text in transcribed

image text in transcribed

ACCOUNT Cash DESCRIPTION T CREDIT EST 2000000 2.000.00 3,000.00 30.00 ACCOUNT NO BURNE Det ect 20000 OCI 22.000 od 25.000 24.92000 34 920 00 16.92000 3279200 36.709.00 54.709 00 64.709 001 41,101.00 10.000.00 18,000.00 16,000.00 3.789 18.00 SNN 10.000.00 3,608 ACCOUNT NO ACCOUNT Common Stock | DATE DESCRIPTION EST CREDIT 20.000.00 2.000.00 3.000.00 15.000.00 20.000.00 22.000.00 125,000.00 40.000.00 ACCOUNT Legal Service Expense DESCRIPTION ACCOUNT NO BALANCE OST EST CREDIT TTT 537 ACCOUNT Accounts Payable DESCRIPTION EST CREDIT 70 10.000.00 ACCOUNT NO BUNGE Cree 53713 110.53718 3743 10.00 0.00 ACCOUNT Land ACCOUNT NO DESCRIPTION CREDIT EST 70000 DO Due 700000 ACCOUNT NO ACCOUNT Notes Prable DATE DESCRIPTION EST CREDIT 55. DOI O ACCOUNT Rent Expense COUNTNO DESCRIPTION EST CREDIT Da Cece ACCOUNT NO ACCOUNT Accounts Receivable DESCRIPTION EBIT CREDIT Crede 480000 9.800.00 8.400.00 000 14 400.00 20.800.00 221010 18.000.00 ACCOUNT Cost of Goods Sold DATE DESCRIPTION DEBT CREDIT 2,700.00 5.400.00 3,800.00 900.00 1.800.00 ACCOUNT NO BALANCE D L Cece 2,700 18.100.00 11.700.00 12.800.00 14.400.00 ACCOUNT Sales Revenue DATE DESCRIPTION ACCOUNT NO BALANCE DEBIT CREDIT 1000 48.00.00 9.800.00 8.40000 1.800.00 3.799.00 141000100 2000.00 22,000.00 28.13900 ACCOUNT inventor ACCOUNT NO DESCRIPTION DEBT CREDIT 18 DULU TO 2.700.00 15.300.00 5.600.00 9.90000 3.600.00 900.00 5.400.00 1800l 3.60000 ACCOUNT Store Wages Expense DATE DESCRIPTION CREDIT D SEST NTS TO ACCOUNT NO BALANCE ec SOUTO Beacon Lumber Corporation Statement of Retained earnings For the year ending November 30, 2019 7563.82 Retained Earnings, November 1 Add: Net Imcome Less: Dividend Retained Earnings, November 30 7563.82

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Accounting

Authors: Jonathan E. Duchac, James M. Reeve, Carl S. Warren

23rd Edition

978-0324662962

More Books

Students also viewed these Accounting questions