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Use the Adjusted Trial Balance to answer the questions below Oscar Company Adjusted Trial Balance December 31, 2017 DEBIT 12,000 2,200 CREDIT 100 500 1,500
Use the Adjusted Trial Balance to answer the questions below
Oscar Company Adjusted Trial Balance December 31, 2017 DEBIT 12,000 2,200 CREDIT 100 500 1,500 100 2,000 180 4,500 T 2,000 500 450 Cash Accounts Receivable Allowance for Doubtful Accounts Short term Note Receivable Interest Receivable Supplies Inventory Prepaid Expenses Equipment Accumulated Depreciation Copyrights Accounts Payable Interest Payable Unearned Revenue Long Term Note Payable Common Stock Paid-in-Capital In Excess of Par - CS Retained Earnings (1/1/17) Dividends Sales Sales Returns & Allowances Sales Discounts Cost of Goods Sold Bad debt expense Depreciation Expense Amortization Expense Wages Expense Rent Expense Office Expense Supplies Expense Selling Expense Interest Expense Interest Revenue Income Tax Expense Totals 180 70 1,250 5,000 2,000 6,500 2,000 40,230 T I 500 150 23,400 180 70 150 4,700 1.600 400 T 780 300 480 58,240 5 8,240 What is Gross Profit for the period ending December 31, 2017? 16830 What is Income from Operations for the period ending December 31, 2017? A What is Ending Retained Earnings as of December 31, 2017? What is Total Stockholders' Equity as of December 31, 2017? A What is Total Current Assets as of December 31, 2017? A) What is Total Liabilities and Stockholders' Equity as of December 31, 2017Step by Step Solution
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