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please show work Bushra's Beauty Salon, Inc. ADIUSTED TRIAL BALANCE December 31 Debit No. 100 120 130 135 140 170 175 210 220 230 310
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Bushra's Beauty Salon, Inc. ADIUSTED TRIAL BALANCE December 31 Debit No. 100 120 130 135 140 170 175 210 220 230 310 320 330 410 420 520 540 560 Account Cash Accounts receivable Note receivable Interest receivable Supply invento Equipment Accumulated depreciation Accounts payable Notes payable Interest payable Common stock Retained earnings Dividends Revenue Interest revenue Depreciation expense Supply expense Interest expense Credit $44,000 8,500 90,000 $ 7,000 2,000 20,000 1,000 100,000 500 25,000 7,000 4,000 1,000 Total $155,000 $155,000 Use amounts from the adjusted trial balance of Bushra's Beauty Salon, Inc. to answer the next 5 questions C1 Compute net income reported on the income statement. C2 Compute total assets reported on the year-end balance sheet. C3 Compute retained earnings reported on the year-end balance sheet. $ C4 Compute total stockholders' equity reported on the year-end balance sheet. $ C5 In the Adjusted Trial Balance reported above, write down all the accounts that must be closed at the end of the year on the Answer SheetStep by Step Solution
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