Question
Cash Accounts receivable Interest receivable Notes receivable (due in 90 days) Office supplies Automobiles Accumulated depreciation-Automobiles Equipment Accumulated depreciation-Equipment Land Accounts payable Interest payable
Cash Accounts receivable Interest receivable Notes receivable (due in 90 days) Office supplies Automobiles Accumulated depreciation-Automobiles Equipment Accumulated depreciation-Equipment Land Accounts payable Interest payable Debit Credit $ 50,700 50,500 21,200 169,000 15,500 173,000 $ 50,000 142,000 20,000 81,000 100,000 25,000 Salaries payable Unearned fees Long-term notes payable Common stock Retained earnings 22,000 32,000 154,000 26,580 239,220 Dividends 51,000 Fees earned Interest earned 484,000 34,000 Depreciation expense-Automobiles 25,500 Depreciation expense-Equipment 18,500 Salaries expense 188,000 Wages expense 42,000 Interest expense 35,600 Office supplies expense Advertising expense 34,200 58,500 Repairs expense-Automobiles 30,600 Totals $1,186,800 $1,186,800 equired: se the information in the adjusted trial balance to prepare (a) the income statem tatement of retained earnings for the year ended December 31 [Note: Retained E 239,220]; and (c) the balance sheet as of December 31. Complete this question by entering your answers in the tabs below. Required A Required B Required C
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