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Solve all requirements Homework: HW Ch4 Score: 0 of 30 pts 1 of 5 (0 complete) HW Score: 0%, 0 of P4-27A (similar to) Question
Solve all requirements
Homework: HW Ch4 Score: 0 of 30 pts 1 of 5 (0 complete) HW Score: 0%, 0 of P4-27A (similar to) Question Help The adjusted trial balance of Eldrich Real Estate Appraisal at June 30, 2014, follows: (Click the icon to view the adjusted trial balance.) Read the requirements Requirement 1. Prepare the company's income statement for the year ended June 30, 2014. (Leave any unused cells blank. Use a minus sign or parentheses to show a net loss.) Eldrich Real Estate Appraisal Income Statement Year Ended June 30, 2014 Net Income (Loss) Choose from any list or enter any number in the input fields and then click Check Answer. parts remaining Clear All Check Answer Requirements -X 1. Prepare the company's income statement for the year ended June 30, 2014. 2. Prepare the company's statement of owner's equity for the year ended June 30, 2014. Assume that there were no contributions made by the owner during the year. 3. Prepare the company's classified balance sheet in report form at June 30, 2014 4. Journalize the closing entries. 5. T-accounts have been opened using the balances from the adjusted trial balance. Post the closing entries to the T-accounts. 6. Prepare the company's post-closing trial balance at June 30, 2014. Print Done Data Table June 30, 2014 Balance Debit Credit 4,300 $ 4,900 1,900 1,700 81,000 $ 13,200 25,200 19,600 Account Title Cash Accounts Receivable Office Supplies Prepaid Insurance Building Accumulated DepreciationBuilding Land Accounts Payable Interest Payable Salaries Payable Unearned Revenue Notes Payable (long-term) Eldrich, Capital Eldrich, Withdrawals Service Revenue Insurance Expense Salaries Expense Supplies Expense Interest Expense Utilities Expense Depreciation Expense-Building 8,800 2,100 12,800 35,000 39,500 27,000 48,200 4,200 33,000 1,000 8,800 2,100 8,100 $ 191,200 $ 191,200 Total Print DoneStep by Step Solution
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