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thank you in advance Accounts Payable 21.600 Accounts Receivable $ 44.700 Accumulated Depreciation $ 48.000 Advertising Expense $ 16.400 Bank Payable $ 32.500 Cash $
thank you in advance
Accounts Payable 21.600 Accounts Receivable $ 44.700 Accumulated Depreciation $ 48.000 Advertising Expense $ 16.400 Bank Payable $ 32.500 Cash $ 9.450 COGS $ 495.700 Depreciation Expense $ 7.000 Equipment $ 130.000 Freight-Out $ 12.100 Income Tax Expense $ 25.900 Insurance Expense $ 5.500 Interest Expense $ 1.950 Inventory $ 22.500 Loss on disposal of equipment $ 1.520 Owner's Capital $ 88.000 Owner's Drawings ? Prepaid Insurance $ 6.500 Salaries Expense $ 58.900 Sales Discounts $ 9.450 Sales Returns $ 11.800 Sales Revenue $ 695.200 Supplies $ 8.700 Supplies Expense $ 4.900 Unarned Revenue $ 7.200 Utilities Expense $ 14.300 Note: Some amount of Bank Payable, $6,500, must be paid in 2022. The remaining will due in 2023-2025. Prepare financial statements: Income statement using multiple steps, consists of: - Gross profit Income from Operations - Earnings Before Interest and Tax - Earnings Before Tax - Net Income Statement of owner's equity. Find the missing amount of Owner's Drawing. Classified Statement of Financial Position. Classify into: - Current Assets + Non-Current Assets - Current Liabilities + Non-Current Liabilities - Owner's Equity
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