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Q4. Below Is The Adjusted Trail Balance For ABC Corporation As of December 31 2022: Items Debit Credit Cash 1,000,000 Accounts Receivable 5,000,000 Supplies 100,000
Q4. Below Is The Adjusted Trail Balance For ABC Corporation As of December 31 2022:
| Items | Debit | Credit |
| Cash | 1,000,000 | |
| Accounts Receivable | 5,000,000 | |
| Supplies | 100,000 | |
| Equipment | 1,000,000 | |
| Accumulated Depreciation Equipment | 200,000 | |
| Accounts Payable | 100,000 | |
| Notes Payable | 500,000 | |
| Unearned Revenues | 100,000 | |
| Common Stock | 4,600,000 | |
| Retained Earnings | 300,000 | |
| Dividends | 100,000 | |
| Sales | 10,000,000 | |
| Salaries Expenses | 1,000,000 | |
| Rent Expenses | 500,000 | |
| Cost Of Goods Sold | 7,000,000 | |
| Depreciation Expenses | 100,000 | |
| Total | 15,800,000 | 15,800,000 |
Required: Prepare the Following Statements
- Income Statement
- Retained Earnings Statement
- Balance Sheet Statement
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The Politics Of Public Management The HRDC Audit Of Grants And Contributions
Authors: David A. Good
2nd Edition
0802085873, 978-0802085870
