Trial Balance and Financial StatementsRefer to the table for Beverly Entertainment Enterprises in (1) of Problem...
Trial Balance and Financial Statements
Refer to the table for Beverly Entertainment Enterprises in (1) of Problem 3–7.
Required
1. Prepare a trial balance at October 31,2010.
2. Prepare an income statement for the month ended. October 31, 2010.
3. Prepare a statement of retained earnings for the month ended. October 31,2010.
4. Prepare a classified balance sheet at October 31,2010.
Homework Answers
Table summarizing the transactions affecting the accounting equation of Beverly Entertainment Enterprises:
Notes:
1. 
2. 
3. 
4.
Calculation of Revenues from Ticket sales and concession stands 
1. Preparation of Trial Balance at October 31, 2010:
2 . Preparation of Income Statement for the month ended October 31, 2010:
3. Preparation of statement of Retained Earnings for the month ended October 31, 2010:
4. Preparation of classified Balance sheet at October 31, 2010:
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Trial Balance and Financial StatementsRefer to the table for Beverly Entertainment Enterprises in (1) of Problem...
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