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Given the following adjusted trial balance at december31,2019. Question1) the net income/loss in theincome statement for the year ended december31,2019 is ________. Question2) for the
Given the following adjusted trial balance at december31,2019.
Question1) the net income/loss in theincome statement for the year ended december31,2019 is ________. Question2) for the statement of financial position at december 31, 2019, total assets is (a) and total equity is (b).
191 Credit (S) 1,140 $ 1,340 Adjusted Trial Balance December 31, 2019 Debit ($) Accounts Payable Accounts Receivable 810 Accumulated Depreciation - Equipment Cash 8,180 Depreciation Expense 665 Dividends 600 Equipment 11,400 Interest Expense 45 Interest Payable Notes Payable Prepaid Rent 865 Rent Expense 1,740 Retained Earnings Salaries and Wages Expense 7,145 Salaries and Wages Payable Sales Revenue Share Capital-Ordinary Supplies 1,660 Supplies Expense 190 Ticket Revenue Unearned Ticket Revenue Utilities Expense 390 40 6,300 5,640 360 655 5,000 12,635 580 Click Save and Submit to save and submit. Click Save All Answers to save all answersStep by Step Solution
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