CHAPTER 12 Completion of the Accounting Cycle for a M F. HENRY CO. WORKSHEET FOR YEAR ENDED DECEMBER 31, 2013 Income Statement Dr. Cr Terchandise Inventory Prepaid Advertising Prepaid insurance De Equipment Rerum Dep. Office Equip Accounts Payable Henry, Capital home Summary Balance Sheet Dr Or 18900 44900 5 6300 11 3200 1 0 7 9.00 20600 257 00 1916 700 + 3 5 600 44900 550 400 From the partial worksheet in Figure 12.11. journalize the closing entries for December 31 for F. Henry Co. From the worksheet in Exercise 12A-3, prepare the assets section of a Account Sales Returns and Allowances Sales Discount Purchases Purchases Returns and Allowances Purchases Discount Salaries Expense Insurance Expense Utilities Expense Plumbing Expense Advertising Expense Dep. Expenses, Office Equip. Salaries Payable Totals classified balance sheet. 2 2 800 10600 2 6 2 2 00 3 600 5 400 10 87.00 6 9 5 00 4200 5 900 1 600 2 500 60 4 3 00 5 2 3 600 80 700 60 4300 7 500 2 3 12 00 1 5 0 5 00 80 700 2 3 1 200 23 12 00 Net income 6043 00 2 Wrap Text BLU- A Merye & Center $ -% 9 Font Alignment Conditional Format Gall Formatting Table Style S. Number 5 G Reet Tules Y XYLE MAGALA CE Di . CE Acelerat Supplies Prepa Lumber Equipment Deper Recounts Payable Wages Payable 2. Cuten, pa whdias Be Returns All Purchases Purchases llet Ang spend DELL 3117 31 2 2014 320010 18.45 370.00 2012 ID SIMT OP DE GAL SHEET TEDDER LEDIGER p Type here to search w Ruler Formula Bar mal Page Break Page Custom Preview Layout Views Gridlines Headings Zoom 100% Zoom to Selection Zoom Workbook View Show B CDE G HIK L M N O P 0 PROBLEM ARA CONTINUED) Requirement ? CULLEN LUMBER INCOME STATEMENT FOR YEAR ENDED DECEMBER 31, 2017 2 17 18 90 GF U-. A $ . % 94.22 Mergea Center - Alignment Conditional Format Fonning Table Styles Opboard Fort Number BE23 Account Titles Trial Balance Adjustments IN Adjusted Trial Balance Dr. C. Income Statement LT Flance Sheet OF Cash Accounts Heceivable Merchandise Inventory umber Supplies Prepaid Insurance Lumber Equipment Accum. Dep. Lumber Em Accounts Payable Wages Payable J. Cullen, Capital J. Cullen, Withdrawals Income Summary Sales Sales Returns & Allowances Purchases Purchases Disco Purchases Het Allowances Wages Expense Advertising Expense Rent Ixpense - Dept. Expense, Lumber Lumber Supplies Lxpense Insurance Expense $31.925 531.92 Worksheet NC STMT STMT OS OE BAL SHEET TES LEDGER LEDGER 12 LEDGER P Type here to search e