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Presented in the picture, is the adjusted trial balance of Dallas Corporation at December 31, 2021. Using this information, prepare an annual: Multi step income
Presented in the picture, is the adjusted trial balance of Dallas Corporation at December 31, 2021. Using this information, prepare an annual:
mpletion Status: 1 2 30 Classified balance sheet (20 points) Debit Credit Cash 8,000 Accounts Receivable 27,000 Short-term investment 1.500 Inventory 35,000 Prepaid Insurance 2.000 Supplies 1,500 Long-term Investment 6.000 Land 20,000 Buildings 100.000 Accumulated Depreciation - Buildings 15.000 Equipment 25.000 Accumulated Depreciation - Equipment 5.000 Trademarks 10.500 Accounts Payable 9.000 Unearned Revenue 3.500 Salaries Payable 1.000 Mortgage Payable 20.000 Notes Payable (due in 2022) 10.000 Common Stock 90.000 Retained Earnings (January 1, 2021) 35,000 Dividends 7.000 Sales Revenue 260.000 Dividend Revenue 9.500 Sales Discounts 3,000 Sales Returns & Allowances 7.000 Cost of Goods Sold 142.000 Salaries Expense 46,000 Depreciation Expense 9,000 Utilities Expense 5.000 Insurance Expense 1,000 Supplies Expense 500 Interest Expense 1.000 458.000 458.000 Attach File Browse My Computer Browse Content Collection Click Save and Submit to save and submit. Click Save All Answers to save all answers. Type here to search Multi step income statement with a gross profit rate consumption
Retained earning statement
Classified balance sheet
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