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there is no wrong information just answer it!! Ramallah computer repair service company was established in January of 2018. For its second year of operations
there is no wrong information just answer it!!
Ramallah computer repair service company was established in January of 2018. For its second year of operations and at 31/12/2019 the adjusted balances were as follows: Account s Advertising Expense 6,000 Cash 8,000 Rent 10,000 Service trucks 380,000 Tax Expense 2,000 Accounts receivable 146,000 Insurance Expense 4,600 Revenue from repairs 460,000 Wages Payable 26,000 Accounts Payable 37,000 J. Ali Capital 750,000 Arab Bank 77,000 Accumulated depreciation - Equipment 14.000 Utilities expense 7,000 Accumulated depreciation-service trucks 38,000 J. Ali drawing 20,000 Parts and supplies on hand 99,000 Miscellaneous Expenses 5,400 Prepaid insurance 15,000 Depreciation expense 12,000 Parts and supplies expense 67,000 Salaries 118,000, Equipment 340,000 The accounts are listed in random order Required: A prepare a coded chart of accounts for the company B prepare a trial balance in good form C prepare an Income statement for the company Step by Step Solution
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