Budgeted Income Statement and Balance Sheet As a preliminary to requesting budget estimates of sales, costs,...
Budgeted Income Statement and Balance Sheet As a preliminary to requesting budget estimates of sales, costs, and expenses for the fiscal year beginning January 1, 2049, the following tentative trial balance as of December 31, 2048, is prepared by the Accounting Department of Regina Soap Co.: Cash Accounts Receivable Finished Goods Work in Process Materials Prepaid Expenses Plant and Equipment Accumulated Depreciation--Plant and Equipment Accounts Payable Common Stock, $10 par Retained Earnings $117,500 205,600 43,200 28,800 47,300 3,500 571,100 $245,600...
Budgeted Income Statement and Balance Sheet As a preliminary to requesting budget estimates of sales, costs, and expenses for the fiscal year beginning January 1, 20Y9, the following tentative trial balance as of December 31, 20Y8, is prepared by the Accounting Department of Regina Soap Co.: Cash $101,300 Accounts Receivable 185,400 Finished Goods 38,900 Work in Process 26,000 Materials 42,600 Prepaid Expenses 3,200 Plant and Equipment 498,400 Accumulated Depreciation—Plant and Equipment $214,300 Accounts Payable 129,300 Common Stock, $10 par 350,000...
Budgeted Income Statement and Balance Sheet As a preliminary to requesting budget estimates of sales, costs, and expenses for the fiscal year beginning January 1, 20Y9, the following tentative trial balance as of December 31, 20Y8, is prepared by the Accounting Department of Regina Soap Co.: Cash $108,300 Accounts Receivable 215,500 Finished Goods 45,300 Work in Process 30,200 Materials 49,600 Prepaid Expenses 3,700 Plant and Equipment 561,000 Accumulated Depreciation—Plant and Equipment $241,200 Accounts Payable 164,700 Common Stock, $10 par 350,000...
Budgeted Income Statement and Balance Sheet As a preliminary to requesting budget estimates of sales, costs, and expenses for the fiscal year beginning January 1, 20Y9, the following tentative trial balance as of December 31, 20Y8, is prepared by the Accounting Department of Regina Soap Co.: Cash $106,900 Accounts Receivable 208,500 Finished Goods 43,800 Work in Process 29,200 Materials 48,000 Prepaid Expenses 3,500 Plant and Equipment 494,900 Accumulated Depreciation—Plant and Equipment $212,800 Accounts Payable 145,100 Common Stock, $10 par 350,000...
Budgeted Income Statement and Balance Sheet As a preliminary to requesting budget estimates of sales, costs, and expenses for the fiscal year beginning January 1, 20Y9, the following tentative trial balance as of December 31, 20Y8, is prepared by the Accounting Department of Regina Soap Co.: Cash $98,500 Accounts Receivable 183,200 Finished Goods 38,500 Work in Process 25,600 Materials 42,100 Prepaid Expenses 3,100 Plant and Equipment 470,800 Accumulated Depreciation—Plant and Equipment $202,400 Accounts Payable 120,700 Common Stock, $10 par 350,000...
Budgeted Income Statement and Balance Sheet As a preliminary to requesting budget estimates of sales, costs, and expenses for the fiscal year beginning January 1, 20Y9, the following tentative trial balance as of December 31, 20Y8, is prepared by the Accounting Department of Regina Soap Co.: Cash $105,500 Accounts Receivable 197,300 Finished Goods 41,400 Work in Process 27,600 Materials 45,400 Prepaid Expenses 3,400 Plant and Equipment 512,700 Accumulated Depreciation—Plant and Equipment $220,500 Accounts Payable 180,500 Common Stock, $10 par 250,000...
Budgeted Income Statement and Balance Sheet As a preliminary to requesting budget estimates of sales, costs, and expenses for the fiscal year beginning January 1, 2019, the following tentative trial balance as of December 31, 2048, is prepared by the Accounting Department of Regina Soap Co. Cash Accounts Receivable Finished Goods Work in Process Materials Prepaid Expenses Plant and Equipment Accumulated Depreciation-Plant and Equipment Accounts Payable Common Stock, $10 par Retained Earnings 85,000 125,600 69,300 32,500 48,900 2,600 325,000 $156,200...
Budgeted Income Statement and Balance Sheet As a preliminary to requesting budget estimates of sales, costs, and expenses for the fiscal year beginning January 1, 20Y9, the following tentative trial balance as of December 31, 20Y8, is prepared by the Accounting Department of Regina Soap Co.: Cash $103,100 Accounts Receivable 177,300 Finished Goods 37,200 Work in Process 24,800 Materials 40,800 Prepaid Expenses 3,000 Plant and Equipment 486,600 Accumulated Depreciation—Plant and Equipment $209,200 Accounts Payable 141,800 Common Stock, $10 par 300,000...
Budgeted Income Statement and Balance Sheet As a preliminary to requesting budget estimates of sales, costs, and expenses for the fiscal year beginning January 1, 20Y4, the following tentative trial balance as of December 31, 20Y3, is prepared by the Accounting Department of Regina Soap Co.: Cash $108,600 Accounts Receivable 194,400 Finished Goods 40,800 Work in Process 27,200 Materials 44,700 Prepaid Expenses 3,300 Plant and Equipment 486,500 Accumulated Depreciation—Plant and Equipment $209,200 Accounts Payable 174,100 Common Stock, $10 par 250,000...
Budgeted Income Statement and Balance Sheet As a preliminary to requesting budget estimates of sales, costs, and expenses for the fiscal year beginning January 1, 20Y9, the following tentative trial balance as of December 31, 20Y8, is prepared by the Accounting Department of Regina Soap Co.: Cash $103,100 Accounts Receivable 177,300 Finished Goods 37,200 Work in Process 24,800 Materials 40,800 Prepaid Expenses 3,000 Plant and Equipment 486,600 Accumulated Depreciation—Plant and Equipment $209,200 Accounts Payable 141,800 Common Stock, $10 par 300,000...