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! Required information [ The following information applies to the questions displayed below. ] Dyer, Incorporated, completed its first year of operations on December 3
Required information
The following information applies to the questions displayed below.
Dyer, Incorporated, completed its first year of operations on December Because this is the end of the annual accounting period, the company bookkeeper prepared the following preliminary income statement:
tableIncome Statement, Rent Revenue,$Expenses:$Salaries and Wages Expense,Repairs and Maintenance Expense,Rent Expense,Utilities Expense,Travel Expense,,Total Expenses,,Income
You are an independent CPA hired by the company to audit the firm's accounting systems and financial statements. In your audit, you developed additional data as follows:
a Wages for the last three days of December amounting to $ were not recorded or paid.
b The $ telephone bill for December has not been recorded or paid.
c Depreciation of equipment amounting to $ for was not recorded.
d Interest of $ was not recorded on the notes payable by Dyer, Incorporated.
e The Rental Revenue account includes $ of revenue to be earned in January
f Supplies costing $ were used during but this has not yet been recorded.
The income tax expense for is $ but it won't actually be paid until
Prepare, in proper form, an adjusted income statement for
tableDYER IncorporatedIncome Statement,
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