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Just need some help on this part and the part that follows please! I will rate! Many thanks and God bless! % 54-4 (similar to)
Just need some help on this part and the part that follows please!
I will rate!
Many thanks and God bless!
% 54-4 (similar to) Question Help Data Table - X Denver Hair Stylists's adjusted trial balance follows. (Click on the icon to view the adjusted trial balance.) (Click on the icon to view the statement of retained earnings.) Prepare Denver's classified balance sheet at December 31, 2018. Assume the Notes Payable is due on December 1, 2025. Use the report form. Denver Hair Stylists Balance Sheet December 31, 2018 Denver Hair Stylists Adjusted Trial Balance December 31, 2018 Balance Debit Credit Assets Account Title Reference Current Assets - X Cash $ 600 Cash $ 600 700 1.600 Accounts Receivable 700 Office Supplies 1,600 19,200 Total Current Assets $ 2,900 Denver Hair Stylists Statement of Retained Earnings Year Ended December 31, 2018 Retained Earnings, January 1, 2018 $ 1,400 Accounts Receivable Office Supplies Equipment Accumulated DepreciationEquipment Accounts Payable Interest Payable Notes Payable Common Stock 700 0 19,200 550 Property, Plant, and Equipment: Equipment Less: Accumulated DepreciationEquipment Total Property, Plant, and Equipment (1,400) 8,700 Net income for the year 4,000 17.800 8,700 (650) 7,400 Dividends 20.700 Total Assets $ Dividends 650 $ 8,050 Retained Earnings, December 31, 2018 Liabilities Service Revenue 15,900 4.200 Current Liabilities: Accounts Payable Interest Payable $ 700 Print Done 100 Rent Expense Supplies Expense Depreciation Expense-Equipment Interest Expense 550 1,400 1,500 Total Current Liabilities $ 29,950 $ 29,950 Total Print Done Choose from any list or enter any number in the input fields and then click Check Answer. ? 1 para Clear All Check Answer remainingStep by Step Solution
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