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please help me4 4. The latest Adjusted Trial Balance of Eat Them All restaurant is given for Dec 31, 2013. Income Tax is 20% of

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4. The latest Adjusted Trial Balance of "Eat Them All" restaurant is given for Dec 31, 2013. Income Tax is 20% of IBT and payable in Jan 2014. Find the following amounts: Account DR CR Cash Net sales: 51,000 16,000 A/R Gross Profit Inventory 14,000 Income before tax Supplies 3,000 Income Tax: Equipments 44,000 Net Income: Acc-Dep(Equipment) 13,000 Total Current Assets Sales 90,000 Sales Returns Total Long Term Assets: 4,000 Rent Exp 20,000 Total Current Liabilities: A/P 8,000 Total Long Term Liabilities: U/P 1,000 Balance of Retained Earnings on Dec 31, 2013: Insurance Exp 2,000 Total Shareholders' Equity Wages Exp 30,000 Sales Returns 4,000 Rent Exp 20,000 A/P 8,000 U/P 1,000 Bala Insurance Exp 2,000 Wages Exp 30,000 Capital 21,000 Retained Earnings on Jan 1, 2013 37,000 Dividends 30,000 Service revenue 60,000 C.G.S 10,000 Sales Discount 6,000 Total 230,000 230,000

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