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Brooks Company's trial balance at 12/31/23 consisted of the following accounts and amounts. All adjusting journal entries have been made except for the accrual of
Brooks Company's trial balance at 12/31/23 consisted of the following accounts and amounts. All adjusting journal entries have been made except for the accrual of taxes. (20% tax rate.) The 12/31/23 inventory count was $11. Wage Expense Common Stock Prepaid Insurance Purchases Land Office Supplies Retained Earnings @ 1/1/23 Sales Revenue Accounts Payable Inventory @ 1/1/23 Selling Expenses Dividends Cash $ 80 $ 500 $ 31 $ 50 $ 240 $ 26 $ 310 $ 190 $ 73 $ 8 $ 36 $ 23 $ 579 REQUIRED: Prepare a 12/31/23 balance sheet (in good form). Refer to Scientific Products (Illustration 5-16) example in Chapter 5 of the text for format suggestions. Many items in this example are not applicable to this
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