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Project 2I: Create ending balances, income statement, statement of owner's equity, and balance sheet (condensed solutions) -23456 Assets Cash Inventory Equipment Liabilities Accounts Payable $50,000
| Project 2I: Create ending balances, income statement, statement of owner's equity, and balance sheet | |||||
| (condensed solutions) |
-23456 Assets Cash Inventory Equipment Liabilities Accounts Payable $50,000 (6,000) $6,000 $22,000 $22,000 1,250 (750) Owner's Equity Wages Payable Common Retained Stock Earnings $50,000 600 $3,000 7 8 3,200 9 175 10 (1,000) 1,000 Ending Balance $ 1,250 (750) (600) (3,000) 3,200 (175)
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Accounting Principles Part 1
Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel, Barbara Trenholm, Valerie Kinnear, Joan E. Barlow
6th Canadian edition
1118306783, 978-1118728918, 1118728912, 978-1118306789
