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Prepare a multi-step income statement, statement of retained earnings and classified balance sheet in good form. FOR THE YEAR ENDED DEC 31, 2019 ---------- -
Prepare a multi-step income statement, statement of retained earnings and classified balance sheet in good form.
FOR THE YEAR ENDED DEC 31, 2019 ---------- - - - ACCOUNTS Accounts Receivable Cash Furniture & Fixtures Merchandise Inventory Notes Receivable: Current Prepaid Rent Supplies Intrest Receivable Accumulated Depreciation - Accounts Payable Notes Payable: Long Term Salaries Payable Intrest Payable Dividends Payable Unearned Revenue Capital Stock Retained Earnings Dividends 5 Interest Revenue - Service Revenue Sales Revenue Sales Discounts Sales Returns & Allowance Cost of Goods Sold Depreciation Expense Interest Expense Rent Expense Salary Expense Supplies Expense - Utilities Expense Freight In Totals Unajusted Trial Balance Adjustments Debit Credit Debit Credit 15400 135048 185760 156000 h) 50650 20000 8000 4300 3400 1600 e) 850 14700 d) 3170 2400 8000 9750 1750 10000 17000 b) 8350 402000 56000 30300 i) 10000 450 e) 850 b) 8350 812101 8650 3400 460000 h) 50650 4300 d) 3170 1237 g) 1750 88700 f) 4300 170000 a) 9750 2300 c) 1600 4367 15789 1312651 1E+06 90420 90420 Adjusted Trial Balance Debits Credits 15400 135048 185760 105350 20000 3700 1800 850 17870 2400 8000 9750 1750 10000 8650 402000 56000 40300 1300 8350 812101 8650 3400 510650 7470 2987 93000 179750 3900 4367 15789 1338171 1338171Step by Step Solution
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