Q3 Based on the following trial balance for ABC Co, prepare an income statement, statement of retained earnings and a balance sheet The company made no additional investments in the company year ABC Co Trial Balance December 31 during (Marks5) the Cash SR 6,500 Accounts receivable 475 Supplies 2,500 Equipment 17,000 Accounts payable SR 745 Common stock 10,000 Retained earnings 11,155 Dividends 36,000 Revenue earned 72,000 Supplies expense 3,425 Rent expense 6,000 Wages expense 22,000 Totals SR93,900 SR93,900

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Q3. Based on the following trial balance for ABC Co, prepare an income statement, statement of...

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Intermediate accounting

ISBN: 978-0077647094

7th edition

Authors: J. David Spiceland, James Sepe, Mark Nelson

Posted Date: May 30, 2024 07:18 AM

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Q3. Based on the following trial balance for ABC Co, prepare an income statement, statement of...

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Intermediate accounting

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