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QUESTION 5 - FINANCIAL STATEMENTS ( 2 0 marks ) The following adjusted account information was taken from the worksheet of D . Diesel Pet
QUESTION FINANCIAL STATEMENTS marks
The following adjusted account information was taken from the worksheet of D Diesel Pet Store for the year ended December
Required: Prepare, in the proper format, the following for Diesel Pet Store
a Classified multipler
b Classified balancestep income statement.
on December underneath. Show your calculation of Owner's Equity
Account
Cash
Accounts Receivable
Merchandise Inventory
Trucks
Accumulated Depreciation trucks
Note Receivable due April
Accounts Payable
Unearned Revenue
D Diesel, Capital
D Diesel, Withdrawal
Sales
Sales Returns and Allowances
Sales Discounts
Cost of Goods Sold
Depreciation Expense Trucks
Interest Expense
Telephone Expense Office
elephone Expense store
lages Expense Office
ages Expense selling
vertising Expense
Total
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