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please use the chart. Assets: Liabilities: 110 Cash 210 Accounts Payable 120 Accounts Receivable 220 Notes Payable 125 Notes Receivable 225 Interest Payable 130 Prepaid
please use the chart.
Assets: Liabilities: 110 Cash 210 Accounts Payable 120 Accounts Receivable 220 Notes Payable 125 Notes Receivable 225 Interest Payable 130 Prepaid Insurance 230 Unearned Fees 135 Prepaid Rent 240 Wages Payable 140 Inventory 245 Salaries Payable 150 Supplies 250 Customer Refunds Payable 160 Equipment Stockholder's Equity: 165 Machinery 310 Common Stock 170 Allowance for Doubtful Accounts 315 Preferred Stock 175 Accumulated Depreciation 320 Retained Earnings 176 Estimated Returns Inventory 330 Cash Dividends 335 Stock Dividends 340 Paid In Capital in Excess of Par 410 Fees Earned 415 Sales 420 Rent Revenue 430 Gain on Sale 431 Loss on Sale 435 Cash Short/Over 505 Cost of Goods Sold 510 Rent Expense 520 Wages Expense 525 Interest Expense 530 Insurance Expense 540 Depreciation Expense 550 Supplies Expense 560 Utilities Expense 570 Bad Debt Expense 580 Delivery Expense 590 Miscellaneous Expense Question 9 Crede Accounts Receivable Prepaid Insurance fauerest 15.000 Accumulated Depreciation Equipment 3.000 Accounts Payable Note Payable Unearned Fees Common Stock Retained Earnings Dividends Fees Earned Wages Expense Depreciation Expense Utilities Expense Insurance Expense Maintenance Expense 7.700 Income Tax Expense 2.700 52.220 2.220 Use the Adjusted Trial above to calculate the Net Income for Net Loss and the Retained Earnings balance Format: Enter the amounts in as a whole number, WITH COMMAS, but NO DECIMALS OR DOLLAR SIGNS! If the number is a loss, add a negative sign in front of it Net Income for Net Loss 5 Retained Earnings Step by Step Solution
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