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Prepare a multiple step income statement, retained earnings statement, and a classified balance sheet. Notes payable is due on January 10, 2020 Calcu ent on
Prepare a multiple step income statement, retained earnings statement, and a classified balance sheet. Notes payable is due on January 10, 2020
Calcu ent on the differenceme cl periences UUth compa- trial balance of Gibson Company for the year ended December 3 of Gibson pg-9A The adjusted 2019, is as follows: 1 Debit Credit 6,400 2,700 6,300 10,000 7,500 Cash Accounts Receivable Notes Receivable Inventory Equipment Allowance for Doubtful Accounts Accumulated Depreciation-Equipment Notes Payable Accounts Payable Common Stock Retained Earnings Dividends Sales Revenue Interest Revenue Cost of Goods Sold Salary and Wages Expense Rent Expense Bad Debt Expense Service Charge Expense $300 1,000 1,100 600 17,000 11,000 1,000 13,000 100 8,000 1,400 700 60 40 $44,100 $44,100 InstructionsStep by Step Solution
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