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Please verify work is correct. Using the information below verify requirements 4, 5, 6 and 7 are correct. REQUIREMENT #6: Prepare an Adjusted Trial Balance
Please verify work is correct.
Using the information below verify requirements 4, 5, 6 and 7 are correct.
REQUIREMENT \#6: Prepare an Adjusted Trial Balance in the space below. March Transactions Howard's Flight Radio Management Corporation Income Statement For the Month Ending March 31 Howard's Flight Radio Management Corporation Statement of Retained Earnings For the Month Ending March 31 Howard's Flight Radio Management Corporation Balance Sheet March 31 Requirement \#4: Prepare adjusting entries using the following information in the General Journal below. Show your calculations! a) One month's insurance has expired. b) The remaining inventory of repair supplies is $200. c) The estimated depreciation on repair equipment is $150. d) The estimated income taxes are $100. Requirement \#5: Post the adjusting entries on March 31 below to the General Ledger T-accounts and compute adjusted balances. Just add to the balances that are already listedStep by Step Solution
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