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See all images and drop-down-menu options when crafting your answer. (See Bottom For Updated FULL Adjusted Trial Balance) Budget Business Systems uses a perpetual inventory
See all images and drop-down-menu options when crafting your answer.
(See Bottom For Updated FULL Adjusted Trial Balance)
Budget Business Systems uses a perpetual inventory system. The adjusted trial balance of Budget Business Systems at March 31, 2018, follows: (Click the icon to view the adjusted trial balance.) Data Table Prepare Budget's single-step income statement for the year ended March 31, 2018. Budget Business Systems Income Statement Year Ended March 31, 2018 Budget Business Systems Adjusted Trial Balance March 31, 2018 Balance Account Title Debit Credit Cash $ 2,900 Accounts Receivable 13.400 Expenses: Revenues: Total Assets Total Expenses Total Liabilities Total Liabilities and Stockholders' Equity Total Stockholders' Equity Merchandise Inventory 32.000 6.900 43.100 $ 13,300 Net Income (Loss) 9,800 Office Supplies Equipment Accumulated DepreciationEquipment Accounts Payable Salaries Payable Notes Payable, long-term Common Stock Retained Earnings Dividends 500 7,400 19,000 5,000 40,000 Sales Revenue 232,000 Cost of Goods Sold 104,400 26,900 Selling Expense Administrative Expense 14.900 Choose from any list or enter any number in the innut fields and then clickCheck Ancier Budget Business Systems uses a perpetual inventory system. The adjusted trial balance of Budget Business Systems at March 31, 2018, follows: (Click the icon to view the adjusted trial balance.) Data Table Prepare Budget's single-step income statement for the year ended March 31, 2018. - X Budget Business Systems Income Statement Year Ended March 31, 2018 Budget Business Systems Adjusted Trial Balance March 31, 2018 Balance Account Title Debit Credit Total E Cash $ 2,900 Accounts Receivable 13,400 Merchandise Inventory Accounts Payable Accounts Receivable Accumulated Depreciation Equipment Administrative Expense Cash Common Stock Cost of Goods Sold 32,000 6,900 43,100 $ 13,300 Net Inc Dividends 9,800 Office Supplies Equipment Accumulated Depreciation Equipment Accounts Payable Salaries Payable Notes Payable, long-term Common Stock Retained Earnings Dividends 500 7,400 Equipment Interest Expense Merchandise Inventory Net Sales Revenue Notes Payable, long-term Office Supplies Retained Earnings Salaries Payable Selling Expense 19,000 5,000 40,000 Sales Revenue 232,000 Cost of Goods Sold 104,400 26.900 Selling Expense Administrative Expense 14,900 Choose from any list or enter any number in the input fields and then click Check Answer. Budget Business Systems uses a perpetual inventory system. The adjusted trial balance of Budget Business Systems at March 31, 2018, follows: (Click the icon to view the adjusted trial balance.) Data Table Prepare Budget's single-step income statement for the year ended March 31, 2018. Budget Business Systems Income Statement Budget Business Systems Adjusted Trial Balance March 31, 2018 Year Ended March 31, 2018 Balance Account Title Debit Credit Cash $ 2,900 Accounts Receivable 13,400 32,000 6.900 43,100 $ 13,300 9,800 Merchandise Inventory Office Supplies Equipment Accumulated DepreciationEquipment Accounts Payable Salaries Payable Notes Payable, long-term Common Stock Retained Earnings Dividends 500 Accounts Payable Accounts Receivable Accumulated Depreciation-Equipment Administrative Expense Net Inc Cash Common Stock Cost of Goods Sold Dividends Equipment Interest Expense Merchandise Inventory Net Sales Revenue Notes Payable, long-term Office Supplies Retained Earnings Salaries Payable Selling Expense 7,400 19,000 5,000 40,000 Sales Revenue 232,000 Cost of Goods Sold 104,400 26,900 Selling Expense Administrative Expense 14.900 Choose d then click Check Answer. Budget Business Systems uses a perpetual inventory system. The adjusted trial balance of Budget Business Systems at March 31, 2018, follows: (Click the icon to view the adjusted trial balance.) Data Table Prepare Budget's single-step income statement for the year ended March 31, 2018. Budget Business Systems Income Statement Budget Business Systems Adjusted Trial Balance March 31, 2018 Year Ended March 31, 2018 Balance Account Title Credit Debit 2,900 Cash $ 13,400 32.000 6.900 43,100 $ 13,300 Net Income (Loss) Accounts Receivable Merchandise Inventory Office Supplies Equipment Accumulated Depreciation-Equipment Accounts Payable Salaries Payable Notes Payable, long-term Common Stock Retained Earnings Dividends 9,800 500 7,400 19,000 5,000 40,000 Sales Revenue 232,000 Cost of Goods Sold 104,400 26,900 Selling Expense Administrative Expense 14,900 Choose from any list or enter any number in the input fields and then click Check Answer. i . X Data Table Budget Business Systems Adjusted Trial Balance March 31, 2018 Balance Account Title Debit Credit Cash 2,900 Accounts Receivable 13,400 Merchandise Inventory 32,000 Office Supplies 6,900 Equipment 43,100 Accumulated Depreciation-Equipment $ 13,300 Accounts Payable 9,800 Salaries Payable 500 Notes Payable, long-term 7,400 Common Stock 19,000 Retained Earnings 5,000 Dividends 40,000 Sales Revenue 232,000 Cost of Goods Sold 104,400 Selling Expense 26,900 Administrative Expense 14,900 2,500 Interest Expense $ 287,000 $ 287,000 Total Print DoneStep by Step Solution
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