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I need the answers for the boxes with the red x or empty boxes. the green checks are correct. Multiple-Step Income Statement and Report Form
I need the answers for the boxes with the red x or empty boxes. the green checks are correct.
Multiple-Step Income Statement and Report Form of Balance Sheet The following selected accounts and their current balances appear in the ledger of Clairemont Co. for the fiscal year ended May 31, 2018: Cash Accounts Receivable Inventory Estimated Returns Inventory 22,500 Office Supplies Prepaid Insurance Office Equipment Accumulated Depreciation Retained Earnings Dividends Sales Cost of Goods Sold Sales Salaries Expense Advertising Expense Depreciation Expense- $109,300 296,600 332,200 481,700 65,400 $4,003,000 2,315,400 651,100 179,100 10,300 8,000 240,500 Store Equipment Miscellaneous Selling Expense Office Salaries Expense Rent Expense Depreciation Expense- 34,900 15,300 355,500 52,500 Office Equipment Store Equipment Accumulated Depreciation- 163,400 750,800 Store Equipment Accounts Payable Customer Refunds Payable Salaries Payable 240,500 166,400 40,000 10,600 Office Equipment Insurance Expense Office Supplies Expense 26,200 16,300 9,600Step by Step Solution
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