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Bramble Company ended its fiscal year on July 31, 2019. The companys adjusted trial balance as of the end of its fiscal year is shown
Bramble Company ended its fiscal year on July 31, 2019. The companys adjusted trial balance as of the end of its fiscal year is shown below.
Bramble Company ended its fiscal year on July 31, 2019. The company's adjusted trial balance as of the end of its fiscal year is shown below. Bramble Company Adjusted Trial Balance July 31, 2019 Account Titles No. Credit 101 Cash Debit $9,400 9,200 16,500 112 Accounts Receivable 157 Equipment 158 Accumulated Depreciation-Equip. 201 Accounts Payable 208 Unearned Rent Revenue 311 Common Stock 320 Retained Earnings 332 Dividends 400 Service Revenue 429 Rent Revenue $8,000 4,300 1,600 20,000 27,100 16,200 63,800 6,100 711 Depreciation Expense 8,800 55,700 Salaries and Wages Expense Utilities Expense 732 15,100 $130,900 $130,900 Prepare an income statement for the year. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Bramble Company Income Statement Prepare an retained earnings statement for the year. Bramble Company Retained Earnings StatementStep by Step Solution
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