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Hi! I need help on this Accounting exercise: Problem 3-10 (Part Level Submission) Presented below is the December 31 trial balance of Flounder Boutique FLOUNDER
Hi! I need help on this Accounting exercise:
Problem 3-10 (Part Level Submission) Presented below is the December 31 trial balance of Flounder Boutique FLOUNDER BOUTIQUE TRIAL BALANCE DECEMBER 31 Debit Credit Cash Accounts Receivable Allowance for Doubtful Accounts Inventory, December 31 Prepaid Insurance Equipment Accumulated Depreciation-Equipment Notes Payable Common Stock Retained Earnings Sales Revenue Cost of Goods Sold Salaries and Wages Expense (sales) Advertising Expense Salaries and Wages Expense (administrative) Supplies Expense $22,300 41,800 $755 81,760 6,380 84,000 35,460 25,210 83,654 10,800 655,241 433,000 59,200 6,930 70,450 5,300 $811,120 $811,120 Problem 3-10 (Part Level Submission) Presented below is the December 31 trial balance of Flounder Boutique FLOUNDER BOUTIQUE TRIAL BALANCE DECEMBER 31 Debit Credit Cash Accounts Receivable Allowance for Doubtful Accounts Inventory, December 31 Prepaid Insurance Equipment Accumulated Depreciation-Equipment Notes Payable Common Stock Retained Earnings Sales Revenue Cost of Goods Sold Salaries and Wages Expense (sales) Advertising Expense Salaries and Wages Expense (administrative) Supplies Expense $22,300 41,800 $755 81,760 6,380 84,000 35,460 25,210 83,654 10,800 655,241 433,000 59,200 6,930 70,450 5,300 $811,120 $811,120Step by Step Solution
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