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Required information The following information applies to the questions displayed below The adjusted trial balance for Chiara Company as of December 31, 2017, follows Credit
Required information The following information applies to the questions displayed below The adjusted trial balance for Chiara Company as of December 31, 2017, follows Credit Debit $ 56,600 53,000 20,600 173,000 Cash Accounts receivable Interest receivable Notes receivable (due in 90 days) Office supplies 16,500 172,000 Automobiles Accumulated depreciation- Automobiles Equipment Accumulated depreciation-Equipment Land Accounts payable Interest payable Salaries payable Unearned fees $ 90,000 142,000 24,000 78,000 102,000 15,000 17,000 34,000 148,000 28,580 257,220 Long-term notes payable Common stock Retained earnings Dividends Fees earned 54,000 464,000 24,000 Interest earned Depreciation expense-Automobiles Depreciation expense-Equipment Salaries expense Wages expense Interest expense Office supplies expense Advertising expense Repains expense Automobiles 28,000 18,500 189,000 43,000 31,800 36,000 63,000 28,808 Totals $1,293,800 $1,263,800 K Prev to search 2. Calculate the profit margin for year 2017 Profit Margin Choose Denominator:Profit Margin Profit margin Choose Numerator:I ype here to search N . e eet 18 Friday of the Second
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