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Note: Please answer as soon as you can. A sincere and complete answer would be rated positive instantly. Thank you (15 Points) Question 01 The
Note: Please answer as soon as you can. A sincere and complete answer would be rated positive instantly. Thank you
(15 Points) Question 01 The adjusted trial balance columns of Arohi Itd worksheet for the year ended December 31, 2012, are as follows. CREDIT 18000 25000 10600 103800 536800 2500 DEBIT Cash 15800 Accu Dep - Equipment Accounts Receivable Equipment 12500 Notes Payable Inventory 37000 Accounts Payable Prepaid Insurance 2500 Owner's Capital Equipment 97000 Sales Revenue Owner's Drawings 7500 Interest Revenue Sales Returns and Allowances 6700 Sales Discounts 5000 Cost of Goods Sold 378000 Freight-out 7600 Advertising Expense 12000 Salaries and Wages Expense 56000 Utilities Expense 18000 Rent Expense 24000 Depreciation Expense 9000 Insurance Expense 4500 Interest Expense 3600 696700 Instructions Prepare a multiple-step income statement, owners equity statement and classified balance sheet for the Company. 696700Step by Step Solution
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