Required information Account list Accounts Payable $2,075 Accounts Receivable 800 Selling & Admin Expenses 2,500 Cash 2,200 Common Stock 2,000 Dividends 1,900 Income Tax Expense 400 Interest Expense 75 Other Expenses 500 Notes Payable Other Assets Other Liabilities 5,000 2,500 3,000 Other Operating Expenses 2,000 Other Revenue 300 Property and Equipment 11,000 Retained Earnings, Dec 31, Year 3 4,800 Salaries and Wages Expense 3,000 Supplies 300 Service Revenue 10,000 The above accounts are taken from the December 31, Year 4 general ledger of a company. question #54 Interest Expense Other Expenses Notes Payable Other Assets Other Liabilities 75 500 5,000 2,500 3,000 Other Operating Expenses 2,000 Other Revenue 300 Property and Equipment 11,000 Retained Earnings, Dec 31, Year 3 4,800 Salaries and Wages Expense 3,000 Supplies 300 Service Revenue The above accounts are taken from the December 31, Year 4 general ledger of a company. 10,000 question #54 Calculate the Credits column total on the trial balance using the above account listing. Fill in the blank Notes Payab Other Assets Other Liabilities Other Operating Expenses 2,500 3,000 2,000 Other Revenue 300 Property and Equipment 11,000 Retained Earnings, Dec 31, Year 3 4,800 Salaries and Wages Expense 3,000 5:05 Supplies Service Revenue The above accounts are taken from the December 31, Year 4 general ledger of a company. 300 10,000 question #55 Calculate the amount of net income (net loss) for the year using the account listing. Fill in the blank question #56 Calculate the Total Assets amount that will be reported on the Balance Sheet at December 31, 2018 (year 4) using the account listing. Fill in the blank Interest Expense Other Expenses Notes Payable Other Assets 75 500 5,000 2,500 Other Liabilities 3,000 Other Operating Expenses 2,000 Other Revenue 300 Property and Equipment 11,000 Retained Earnings, Dec 31, Year 3 4,800 Salaries and Wages Expense 3,000 Supplies 300 Service Revenue 10,000 The above accounts are taken from the December 31, Year 4 general ledger of a company. question #57 Calculate the Total Liabilities amount that will be reported on the Balance Sheet at December 31, 2018 (year 4) using the account listing. Fill in the blank Other Expenses Notes Payable Other Assets 500 5,000 2,500 Other Liabilities 3,000 Other Operating Expenses 2,000 Other Revenue 300 Property and Equipment 11,000 Retained Earnings, Dec 31, Year 3 4,800 Salaries and Wages Expense 3,000 Supplies 300 Service Revenue 10,000 The above accounts are taken from the December 31, Year 4 general ledger of a company. question #58 Calculate the amount of Retained Earnings that will be reported on the Balance Sheet at December 31, 2018 (year 4) using the account listing. Fill in the blank