Answered step by step
Verified Expert Solution
Question
...
1 Approved Answer
need help filling out the last 5 boxes SMART TOUCH LEARNING Adjusted Trial Balance December 31, 2016 SMART TOUCH LEARNING Income Statement Account Title Balance
need help filling out the last 5 boxes
SMART TOUCH LEARNING Adjusted Trial Balance December 31, 2016 SMART TOUCH LEARNING Income Statement Account Title Balance Debit Credit Month Ended December 31, 2016 Cash 17.000 Revenue Accounts Receivable 2.500 54200 Ohce Supplies 200 Expenses Prepaid Rent 11.900 depreciation experiture 2300 Furniture 20 800 terestepense 300 Accumulated Depreciation Furniture 7.100 rente pense 7500 Accounts Payable 2.300 salaries expert 4100 Salaries Payable 500 suppliese pense 900 Interest Payable 300 Total Expenses 11100 Ubeamed Revenue 5.900 Net Income 43100 Notes Payable 2200 Common Stock 11.700 Common Stock 11,700 Retained Earnings 11,900 SMART TOUCH LEARNING Dividends 20,400 Service Revenue Statement of Retained Earnings Month Ended December 31, 2016 54.200 Depreciation Expense-Furniture 2.300 Retained Earnings. December 1, 2016 Interest Expense 300 Net income for the year Rent Expense 3,500 Salaries Expense 4,100 Dividends Supplies Expense 900 Retained Earnings December 31, 2016 Total 102,200 102,200 102.200
need help filling out the last 5 boxes
![image text in transcribed](https://s3.amazonaws.com/si.experts.images/answers/2024/07/669baa52f0ceb_714669baa528ef19.jpg)
![image text in transcribed](https://s3.amazonaws.com/si.experts.images/answers/2024/07/669baa5398c90_715669baa533626e.jpg)
Step by Step Solution
There are 3 Steps involved in it
Step: 1
![blur-text-image](https://dsd5zvtm8ll6.cloudfront.net/includes/images/document_product_info/blur-text-image.webp)
Get Instant Access with AI-Powered Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
![blur-text-image](https://dsd5zvtm8ll6.cloudfront.net/includes/images/document_product_info/blur-subtext-image.webp)
Step: 3
![blur-text-image](https://dsd5zvtm8ll6.cloudfront.net/includes/images/document_product_info/blur-subtext-image.webp)
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started