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PREPARE A 2014 INCOME STATEMENT AND AN OWNER'S EQUITY STATEMENT CP10 Hassellhouf Companys trial balance at December 31, 2014, is presented below 2014 transactions have
PREPARE A 2014 INCOME STATEMENT AND AN OWNER'S EQUITY STATEMENT
CP10 Hassellhouf Companys trial balance at December 31, 2014, is presented below 2014 transactions have been recorded except for the items described on page 513. Debit Credit Cash .Accounts Receivable Notes Receivable . Interest Receivable Inventory Prepaid Insurance Land Buildings Equipment Patents Allowance for doubtful Accounts Accumulated DepreciationBuildings Accumulated depreciationEquipment Accounts Payable Salaries and Wages Payable Unearned Rent Revenue Notes payable (due in 2015) Interest payable Notes Payable (due after 2015) Owner's Capital Owner's Drawings $ 28,000 36,800 10,000 36,200 GOO 20,000 150,000 60.000 9,000 $ 500 50,000 24,000 27,300 6,000 11,000 30,000 113,600 12,000Step by Step Solution
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