The following data were taken from the Adjusted Trial Balance columns of the end-of-period spreadsheet for...
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The following data were taken from the Adjusted Trial Balance columns of the end-of-period spreadsheet for April 30 for Abigail Trucking: Accounts Payable $42,600 Accounts Receivable 83,400 Accumulated Depreciation-Trucks 28,000 Cash Common Stock 100,000 6,500 Prepaid Insurance Prepaid Rent Retained Earnings 12,000 215,000 Salaries Payable 12,500 Trucks 206,000 Supplies 4,700 Unearned Fees 5,000 Prepare a classified balance sheet. The following data were taken from the Adjusted Trial Balance columns of the end-of-period spreadsheet for April 30 for Abigail Trucking: Accounts Payable $42,600 Accounts Receivable 83,400 Accumulated Depreciation-Trucks 28,000 Cash Common Stock 100,000 6,500 Prepaid Insurance Prepaid Rent Retained Earnings 12,000 215,000 Salaries Payable 12,500 Trucks 206,000 Supplies 4,700 Unearned Fees 5,000 Prepare a classified balance sheet.
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Answer rating: 100% (QA)
ABIGAIL TRUCKING BALANCE SHEET AS AT 30 APRIL XXX Workings 1 Unearned are current liabilities ... View the full answer
Related Book For
Accounting
ISBN: 978-0324188004
21st Edition
Authors: Carl s. warren, James m. reeve, Philip e. fess
Posted Date:
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