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Question 2 of 2 - /5 III : (b3). Prepare a classified balance sheet at March 31. (List Current Assets in order of liquidity.) SHERIDAN
Question 2 of 2 - /5 III : (b3). Prepare a classified balance sheet at March 31. (List Current Assets in order of liquidity.) SHERIDAN ROOFING Balance Sheet Assets $ Liabilities and Owner's Equity $ (c). Journalize the adjusting entries from the adjustments columns of the worksheet. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) Date Account Titles and Explanation Debit Credit Mar. 31 (Adjusting entry for supplies) Mar. 31 (Adjusting entry for depreciation) Mar. 31 (Adjusting entry for unearned service revenue) Mar. 31 (Adjusting entry for salaries and wages expenses) e Textbook and Media List of Accounts Save for Later Attempts: 0 of 5 used Submit Answer (d). Journalize the closing entries from the financial statement columns of the worksheet. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) Date Account Titles and Explanation Debit Credit Mar. 31 (To close revenue account) Mar. 31 (To close expense accounts) Mar. 31 (To close net income / (loss)) Mar. 31 (To close drawings)
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