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Harmony Corporation's Trial balance as of December is already posted can you do a multiple step income statement and balance sheet for end of year:
Harmony Corporation's Trial balance as of December is already posted can you do a multiple step income statement and balance sheet for end of year:
Cash Accounts Receivable Inventory Land Buildings Equipment Allowance for Doubtful Accounts Accumulated Depreciation-Buildings Accumulated Depreciation-Equipment Accounts Payable Interest Payable Dividends Payable Unearned Rent Revenue Income Tax Payable Bonds Payable Discount on Bonds Payable Common Stock ($3 par) Paid in Capital in Excess of Par-Common Preferred Stock ($22 par) Paid in Capital in Excess of Par-Preferred Retained Earnings Treasury Stock Cash Dividends Sales Revenue Rent Revenue Bad Debt Expense Interest Expense Cost of Goods Sold Depreciation Expense Other Operating Expenses Salaries and Wages Expense ncome Tax Expense Total Debit Credit 49,850 47,600 20,423 65,400 125,000 74,300 30,750 24,320 15,060 13,000 30,000 11,834 63,127 628,083 327.564 41,256 65,421 316,814 816814Step by Step Solution
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