The below table contains financial information for H & H Co. before closing entries:
Cash | $32,020 |
Prepaid Insurance | $7500 |
Land | $85,000 |
Equipment | $25,000 |
Accumulated Depreciation | $8600 |
Accounts Payable | $32,800 |
Service Revenue | $96,000 |
Advertising Revenue | $2025 |
Depreciation Expense | $5600 |
Salary Expense | $4500 |
Utilities Expense | $150 |
Common Stock | $30,000 |
What is H & H's net income?
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The below table contains financial information for H & H Co. before closing entries: Cash $32,020...
The following table contains financial information for Trumpeter Inc., before closing entries: Cash Supplies Prepaid Rent Salary Expense Equipment Service Revenue Miscellaneous Expenses Dividends Accounts Payable Common Stock Retained Earnings $13,500 4,700 3,300 4,800 66,200 29,700 20,300 3.800 4,300 67,600 15,000 What is Trumpeter's net income? O $5,100 0 $4,600 OOO $6,800 O $7,800
Journalize closing entries 4. Prepare the closing entries with the following information from the adjusted Accumulated Depreciation-equipment $5,000 3,200 1,900 Prepaid Insurance Unearned revenue Fees earned Wage expense Insurance expense Utilities expense Depreciation expense 70,980 4,150 1,245 2,713 2,042 3
The following table contains financial information for Trumpeter Inc. before closing entries: Cash Supplies Prepaid Rent Salaries Expense Equipment Service Revenue Miscellaneous Expenses Dividends Accounts Payable Common Stock Retained Earnings $13,400 6,300 2,100 4,900 66,900 30,000 20,500 3,200 3,300 66,200 17,800 What is Trumpeter's net income? Multiple Choice Ο Ο 55 10ο Ο $7100 Ο $4,600 Ο Ο 58,100
Question: Prepare a post closing trial balance with the information provided below. There is the t accounts, trial balance and the closing journal. Thank you. 8:08 Done COMPREHNSIVE PROBLEM PART... The Part 1 Part 2 - T-accounts 3. Adiusted Trial Balance Cash SI 067.000 $206,700 Accounts Receivable S10.000 Prepaid Insurance $24,000 Inventory $10,000 ABC, Inc. Adjusted Trial Balance As of June 30 20XX S25.6081 $320,100 $24,000 S10,000 $22.000 $20,000 1.500 $2.000 Building $320,100 Equipment S106,700 Debit 914,692 10,000 22.000 R500...
The following table contains financial information for Trumpeter Inc. before closing entries: Cash Supplies Prepaid Rent Salaries Expense Equipment Service Revenue Miscellaneous Expenses Dividends Accounts Payable Common Stock Retained Earnings $13,400 5,200 2,600 6,100 65,900 29,100 21,900 4,400 4,400 66,200 19,800 What is Trumpeter's net income?
The following table contains financial information for Trumpeter Inc. before closing entries: Cash Supplies Prepaid Rent Salaries Expense Equipment Service Revenue Miscellaneous Expenses Dividends Accounts Payable Common Stock Retained Earnings $13,200 5,600 2,500 5,600 65,500 29,500 20,700 3,200 3,600 66,700 16,500 What is Trumpeter's net income?
ID ITIL The following table contains financial information for Trumpter Inc. before closing entries: Cash Supplies Prepaid Rent Salaries Expense Equipment Service Revenue Miscellaneous Expenses Dividends Accounts Payable Common Stock Retained Earnings $13,600 6,400 3,600 6,100 65,900 28,900 20,200 3,000 4,100 67,100 18,700 What is the amount of Trumpter's total assets?
The following table contains financial information for Trumpter Inc. before closing entries: Cash Supplies Prepaid Rent Salaries Expense Equipment Service Revenue Miscellaneous Expenses Dividends Accounts Payable Common Stock Retained Earnings $12,100 6,100 2,900 6,100 65,400 29,300 20,600 4,000 3,900 66,800 17,200 What is the amount of Trumpter's total assets? Ο $83,600 Ο $86,500 Ο $21,100 Ο $153,300
The following table contains financial information for Trumpter Inc before closing entries: Cash Supplies Prepaid Rent Salaries Expense Equipment Service Revenue Miscellaneous Expenses Dividends Accounts Payable Common Stock Retained Earnings $14,000 5,800 3,900 4,700 67,000 28,900 20,800 4,000 3,400 66,800 21,100 What is the amount of Trumpter's total assets? Multiple Choice O $90.700 O $86,800 O $157,500 0 $23,700
Prepare the closing entries with the following information from the adjusted trial balance 18r RLCU Accumulated Depreciation- equipment Prepaid Insurance Unearned revenue Fees earned Wage expense Insurance expense Utilities expense Depreciation expense $5,000 3,200 1,900 70,980 4,150 1,245 2,713 2,042