Financial Statement Homework #3 Name YOU MUST SUBMIT ALL HANDWRITTEN PAGES OF THIS DOCUMENT Part 1: Bisbee Mountain Company Trial Balance 11/30/17 Cr Dr 172,000 124,000 1,000 50,000 55,000 62,000 75,000 0 32,000 94,000 Cash Accounts Receivable Allowance for Doubtful Accounts Short Term Note Receivable Supplies Inventory Equipment Building Accumulated Depreciation Copyright Accounts Payable Dividends Payable Interest Payable Unearned Revenue ST Note Payable LT Mortgage Payable Bonds Payable Premium on Bonds Payable Common Stock - $1.25 par Paid In Capital In Excess of Par-CS Preferred Stock - $5 par Paid In Capital In Excess of Par-PS Treasury Stock Retained Earnings Dividends Sales Revenue Sales Returns & Allowances Sales Discounts Cost of Goods Sold Bad Debts Expense Depreciation Expense Wages Expense Rent Expense Insurance Expense Supplies Expense Interest Revenue Interest Expense Gain on Sale of Equipment Income Tax Expense Total 12,000 0 0 24,000 22,500 0 300,000 26,840 105,000 86,000 1,000 50,000 0 3,500 2,000 390,160 7,000 3,000 46,000 5,000 16,000 167,500 98,000 25,000 16,000 1,000 6,500 15,000 46,000 1,070,000 1,070,000 DATE ACCOUNT NAME CREDIT 12/1/12 Building GENERAL JOURNAL DEBIT 300.000 IT Mortgage Payable 1300.000 12/25/17 Cash 1250 4.150 255.000 3,800 6.000 commonstock Paid in capital excess Parcs 12/29/17 Dividends 255,000 Dividends Payable 03./17 Interest Expense IT mortgage payable 1800 Cash 13407 Interest Expense 300 Interest Payab 12.3117 Interest Expense 126, 147 Premium on Bonds Payable 3,853 Interest Payable 2/31/07 named Revenue 14.000 Sales Revenue 2/31/01 Treasury stock 15.50 cash 300 30.000 550 YOU MUST INCLUDE ALL PAGES OF THIS DOCUMENT IN YOUR ASSIGNMENT SUBMISSION. SUBMIT AS ONE PDF DOCUMENT. Use the space below for T-accounts (REQUIRED). (Specific instructions: Prepare T-accounts for each account affected by a journal entry. Write in the unadjusted balance for each of these accounts (from page 1...the unadjusted balance might be a debit, a credit, or zero balance. Now you are ready to post your journal entries from page 3 onto the corresponding T-accounts and then calculate adjusted balances.)