Retum to question 20 Required informstion he following intonnanon appoies to me questions displayed henwj The fellowing past closing triel balanco was drawwn from the eccounns of Lhmic Grocery Suppler (LGS) as of Dacomber 31, 2017: 12 painty 9,080 Accounts akle 1 Acquired an addtional $20,000 cash from the issue of common stock 3 Sald rventery that cost $91000 for $160 000 Snies were mad nceaum. . The company wrc off 3900 of uncolectibe accounts 5. On September 1. LGS loened S18.000 to Eden Co. The note hsc an 8 percent ntere:: rete andone-yaer term. 6. Pand Si9,000 cesh for operating expenses. 7. The company collected $161,000 cosrromaccounts ' ecerreble. 8 cash oayment of 592,000 was poid on accounts oayable 10. uncollectbla &ccounts ar eimatadTC ae 1 percent of sales on account. 11. Raccrdad the eccrued inicrest et December 31, 2018(m Required a. Organ ze the transect on dsta in account:z under an eccounting equation. (Do not round intermediate calculetions. Enter any decreases to account balences with Eamings minus 5ign. Select "NA" if there is no effect on the Accounts Titles for Retained Answer is complete and correct. Accounung Equstion tor the Year 2018 Stockholders' Fquity Accounts Titles for Rctained Accounts Common Retum to question 20 Required informstion he following intonnanon appoies to me questions displayed henwj The fellowing past closing triel balanco was drawwn from the eccounns of Lhmic Grocery Suppler (LGS) as of Dacomber 31, 2017: 12 painty 9,080 Accounts akle 1 Acquired an addtional $20,000 cash from the issue of common stock 3 Sald rventery that cost $91000 for $160 000 Snies were mad nceaum. . The company wrc off 3900 of uncolectibe accounts 5. On September 1. LGS loened S18.000 to Eden Co. The note hsc an 8 percent ntere:: rete andone-yaer term. 6. Pand Si9,000 cesh for operating expenses. 7. The company collected $161,000 cosrromaccounts ' ecerreble. 8 cash oayment of 592,000 was poid on accounts oayable 10. uncollectbla &ccounts ar eimatadTC ae 1 percent of sales on account. 11. Raccrdad the eccrued inicrest et December 31, 2018(m Required a. Organ ze the transect on dsta in account:z under an eccounting equation. (Do not round intermediate calculetions. Enter any decreases to account balences with Eamings minus 5ign. Select "NA" if there is no effect on the Accounts Titles for Retained Answer is complete and correct. Accounung Equstion tor the Year 2018 Stockholders' Fquity Accounts Titles for Rctained Accounts Common
