Question
Bartowski Enterprises, Inc. Account balances as of the year ended 12/31/17 Accounts payable 22000 Accounts receivable 35000 Accumulated depreciation 45000 Advertising expense 6100 Cash 30000
Bartowski Enterprises, Inc. Account balances as of the year ended 12/31/17 Accounts payable 22000 Accounts receivable 35000 Accumulated depreciation 45000 Advertising expense 6100 Cash 30000 Common stock 20000 Cost of goods sold 120000 Depreciation expense 2000 Dividends 40000 Equipment 100000 Insurance expense 4800 Interest expense 4000 Inventory 14600 Miscellaneous expense 1500 Note payable 50000 Payroll tax expense 5000 Payroll taxes payable 800 Prepaid insurance 2000 Rent expense 12000 Retained earnings, January 1 39500 Salaries expense 50000 Salaries payable 4000 Sales revenue 250000 Supplies expense 2100 Utilities expense 2200 NOTE: The note payable is due in full in 2019. There are no income taxes (Bartowski is an S Corp). use based up data, to prepare trail Balance, multi-step income statement and statement of retained earnings for the year ended 12/31/19 and a classified balance sheet as of 12/31/19 for Bartowski.
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