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Can you help me find the errors on the balance sheet (please show work): Please help with these questions (show work): Your answer is correct
Can you help me find the errors on the balance sheet (please show work):
Please help with these questions (show work):
Your answer is correct Prepare an income statement for the year ending December 31, 2017. (Enter loss using either a negative sign preceding the number eg.-45 or parentheses eg. (45)) CULLUMBER DESIGN Income Statement For the Year Ended December 31,2017 Service Revenue 61765 Expenses Salaries and Wages Expense 11565 Depreciation Expense 7800 Rent Expense 4350 Supplies Expenses 3400 Insurance Expense 974 Interest Expense 174 Total Expenses 28263 Net Income/ (Loss) 33502 eTextbook and Media List of Accounts Your answer is correct. Prepare a statement of retained earnings for the year ending December 31, 2017.(List items that increase retained earnings first.) CULLUMBER DESIGN Statement of Retained Earnings For the Year Ended December 31,2017 Retained Earnings, January 1 3765 Add Net Income/ (Loss) 33502 Retained Earnings, December 31 37267 eTextbook and Media List of Accounts Your answer is incorrect. Answer the following questions. Round interest rate to O decimal places, eg, 5%) (1) If the note has been outstanding 6 months, what is the annual interest rate on that note? (Hint: Assume that the amount of interest payable in the trial balance relates to the note payable in the trial balance) The annual interest (2) If the company paid $ 17,500 in salaries and wages in 2017, what was the balance in Salaries and Wages Payable on December 31, 2016? The balance in Salaries and Wages Payable $ e Textbook and Media List of AccountsStep by Step Solution
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