Question
Refer to trial balance for Alicia's Adventures for year ended Oct 31, 2023. Accounts payable Accounts receivable Accumulated depreciation, automobiles Accumulated depreciation, building Alisha Bjorn,
Refer to trial balance for Alicia's Adventures for year ended Oct 31, 2023. Accounts payable Accounts receivable Accumulated depreciation, automobiles Accumulated depreciation, building Alisha Bjorn, capital Alisha Bjorn, withdrawals Automobiles Brand name: Building Cash Copyright Dance lesson revenue Depreciation expense, automobiles Depreciation expense, building Gas, oil, and repairs expense Land Land for future expansion Notes payable* Rent revenue Salaries expense Store supplies Unearned revenue Totals. $ 13,300 10,000 70,000 8.600 234,000 11,400 6,700 6.900 28,200 29.400 32,700 48,000 172.000 4,180 $675,380 $ 22,480 39,160 163,000 164,960 153,680 88.000 20.800 23.300 $675,380
Prepare; 1- Income Statement for year ended Oct 31, 2023 (10 points) 2- Statement of Changes in Equity for year ended Oct 31, 2023 (7 points) 3- Classified Balance Sheet Oct 31, 2023 (15 points) 4- Alicia wants to buy a boat for the company. What would you advise her? (3 points) TOTAL: 35 points
Refer to trial balance for Alicia's Adventures for year ended Oct 31, 2023. Prepare; 1- Income Statement for year ended Oct 31, 2023 (10 points) 2- Statement of Changes in Equity for year ended Oct 31, 2023 (7 points) 3- Classified Balance Sheet Oct 31, 2023 (15 points) 4- Alicia wants to buy a boat for the company. What would you advise her? (3 points)Step by Step Solution
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