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The following account balances appear in the 2021 adjusted trial balance of Beavers Corporation: Service Revenue,...
The following account balances appear in the 2021 adjusted trial balance of Beavers Corporation: Service Revenue,...
The following account balances
appear in the 2021 adjusted trial balance of Beavers Corporation:
Service Revenue, $190,000; Salaries Expense, $93,000; Supplies
Expense, $11,500; Rent Expense, $17,500; Depreciation Expense,
$27,000; and Delivery Expense, $9,500. Prepare an income statement
for the year ended December 31, 2021.
The following account balances appear in the 2021 adjusted trial balance of Beavers Corporation: Service Revenue, $190,000; Salaries Expense, $93,000; Supplies Expense, $11,500; Rent Expense, $17,500; Depreciation Expense, $27,000, and Delivery Expense, $9,500. Prepare an income...
the following account balances appear in 2021 adjusted trial balance of Diamond Corporation: Common Stock, $21000;...
the following account balances appear in 2021 adjusted trial
balance of Diamond Corporation: Common Stock, $21000; Retained
Earnings, $8000; Dividends, $2000; Service Revenue, $30000;
Salaries Expense, $13000; and Utilites Expense, $7000. No common
stock was issued during the year. PREPARE THE STATEMENT OF
STOCKHOLDERS EQUITY for the year ended December 32, 2021.
The following account balances appear in the 2021 adjusted trial balance of Diamond Corporation Common Stock, $21.000; Retained Earnings, $8,000, Dividends, $2.000, Service Revenue $30,000. Salaries Expense. $13.000,...
Prepare an income statement for the year ended December 31, 2021
Brief Exercise 3-16 Prepare an income statement (L03-5) The following account balances appear in the 2021 adjusted trial balance of Beavers Corporation: Service Revenue, $265,000 Salaries Expense, $108,000; Supplies Expense, $19,000, Rent Expense, $25,000; Depreciation Expense, $42,000; and Delivery Expense, $17,000. Prepare an income statement for the year ended December 31, 2021
The following account balances appear in the 2018 adjusted trial balance of Spiders Corporation: Common Stock....
The following account balances appear in the 2018 adjusted trial balance of Spiders Corporation: Common Stock. $14,000; Retained Earnings $6,400. Dividends, $500, Service Revenue, $23,200: Salaries Expense. $14.400; and Rent Expense, $7,400. No common stock was issued during the year. Prepare the statement of stockholders' equity for the year ended December 31, 2018 SPIDERS CORPORATION Statement of Stockholders' Equity For the year ended December 31, 2018 Common Stock Retained Earnings Total Stockholders Equity Balance at January Balance at December 31
4. The following account balances were taken from the 2021 adjusted trial balance of the Bowler...
4. The following account balances were taken from the 2021 adjusted trial balance of the Bowler Corporation: sales revenue, $465,000; cost of goods sold, $238,000; salaries expense, $59,000; rent expense, $34,000; depreciation expense, $44,000; and miscellaneous expense, $26,000 ts Prepare an income statement for 2021 01.5520 BOWLER CORPORATION Income Statement For the Year Ended December 31, 2021 Sales revenue eBook Print 0 0 $ 0
The December 31, 2021, adjusted trial balance for Fightin' Blue Hens Corporation is presented below. ...
The December 31, 2021, adjusted trial balance for Fightin' Blue
Hens Corporation is presented below.
Accounts
Debit
Credit
Cash
$
10,600
Accounts Receivable
136,000
Prepaid Rent
4,600
Supplies
23,000
Equipment
260,000
Accumulated Depreciation
$
121,000
Accounts Payable
10,600
Salaries Payable
9,600
Interest Payable
3,600
Notes Payable (due in two years)
26,000
Common Stock
160,000
Retained Earnings
46,000
Service Revenue
360,000
Salaries Expense
260,000
Rent Expense
13,000
Depreciation Expense
26,000
Interest Expense
3,600
Totals
$
736,800
$
736,800
Prepare an...
The following account balances appear in the 2021 adjusted trial balance of Blue Devils Corporation: Cash,...
The following account balances appear in the 2021 adjusted trial balance of Blue Devils Corporation: Cash, $3,000; Accounts Receivable, $7,000; Supplies, $17,000; Equipment, $100,000; Accumulated Depreciation, $35,000; Accounts Payable, $24,000; Salaries Payable, $14,000; Common Stock, $40,000; and Retained Earnings, LVVILUVVIVI VINTIVI Balance Sheet December 31, 2021 Assets Liabilities Current assets: Current liabilities: Cash $ $ 24,000 3,000 7,000 17,000 Accounts Payable Salaries Payable Accounts Receivable 14,000 Supplies Total current assets 27,000 Total current liabilities 38,000 Stockholders' Equity Long-term assets: Equipment...
Exercise 3-16A Prepare financial statements from an adjusted trial balance (LO3-5) [The following information applies to...
Exercise 3-16A Prepare financial statements from an adjusted trial balance (LO3-5) [The following information applies to the questions displayed below. The December 31, 2021, adjusted trial balance for Fightin' Blue Hens Corporation is presented below. Accounts credit Debit $ 11,100 141,000 Cash Accounts Receivable Prepaid Rent Supplies Equipment Accumulated Depreciation Accounts Payable Salaries Payable Interest Payable Notes Payable (due in two years) Common Stock Retained Earnings Service Revenue Salaries Expense Rent Expense 5,100 25,500 310,000 $126,000 11,100 10,100 4,100 31,000...
The following information applies to the questions displayed below) The December 31, 2021. adjusted trial balance...
The following information applies to the questions displayed below) The December 31, 2021. adjusted trial balance for Fight Blue Hens Corporation is presented below. Debit $ 10,500 135.00 1,500 22,500 250, $120,000 10,5ee 9, See Cash Accounts Receivable Prepaid Rent Supplies Equipment Accumulated Depreciation Accounts Payable Salaries Payable Interest Payable Notes Payable (due in two years) Common Stock Retained Earnings Service Revenue Salaries Expense Rent Expense Depreciation Expense Interest Expense Totals 45, 350,000 250.000 5713,500 $713,50 Required: 1. Prepare an...
172. The following account balances appear in the 2015 adjusted trial balance of Diamond Corporation: Common...
172. The following account balances appear in the 2015 adjusted trial balance of Diamond Corporation: Common Stock, $21,000; Retained Earnings, $8,000; Dividends, $2,000; Service Revenue, $30,000; Salaries Expense, $13,000; and Utilities Expense, $7,000. No common stock was issued during the year. Prepare the statement of stockholders’ equity for the year ended December 31, 2015. 173. The following is selected financial information for Osmond Dental Laboratories for 2015 and 2016: 2015 2016 Retained earnings, January 1 $53,000 ? Net income 37,000...
The following account balances
appear in the 2021 adjusted trial balance of Beavers Corporation:
Service Revenue, $190,000; Salaries Expense, $93,000; Supplies
Expense, $11,500; Rent Expense, $17,500; Depreciation Expense,
$27,000; and Delivery Expense, $9,500. Prepare an income statement
for the year ended December 31, 2021.
The following account balances appear in the 2021 adjusted trial balance of Beavers Corporation: Service Revenue, $190,000; Salaries Expense, $93,000; Supplies Expense, $11,500; Rent Expense, $17,500; Depreciation Expense, $27,000, and Delivery Expense, $9,500. Prepare an income...
the following account balances appear in 2021 adjusted trial
balance of Diamond Corporation: Common Stock, $21000; Retained
Earnings, $8000; Dividends, $2000; Service Revenue, $30000;
Salaries Expense, $13000; and Utilites Expense, $7000. No common
stock was issued during the year. PREPARE THE STATEMENT OF
STOCKHOLDERS EQUITY for the year ended December 32, 2021.
The following account balances appear in the 2021 adjusted trial balance of Diamond Corporation Common Stock, $21.000; Retained Earnings, $8,000, Dividends, $2.000, Service Revenue $30,000. Salaries Expense. $13.000,...
The following account balances appear in the 2018 adjusted trial balance of Spiders Corporation: Common Stock. $14,000; Retained Earnings $6,400. Dividends, $500, Service Revenue, $23,200: Salaries Expense. $14.400; and Rent Expense, $7,400. No common stock was issued during the year. Prepare the statement of stockholders' equity for the year ended December 31, 2018 SPIDERS CORPORATION Statement of Stockholders' Equity For the year ended December 31, 2018 Common Stock Retained Earnings Total Stockholders Equity Balance at January Balance at December 31
4. The following account balances were taken from the 2021 adjusted trial balance of the Bowler Corporation: sales revenue, $465,000; cost of goods sold, $238,000; salaries expense, $59,000; rent expense, $34,000; depreciation expense, $44,000; and miscellaneous expense, $26,000 ts Prepare an income statement for 2021 01.5520 BOWLER CORPORATION Income Statement For the Year Ended December 31, 2021 Sales revenue eBook Print 0 0 $ 0
The December 31, 2021, adjusted trial balance for Fightin' Blue
Hens Corporation is presented below.
Accounts
Debit
Credit
Cash
$
10,600
Accounts Receivable
136,000
Prepaid Rent
4,600
Supplies
23,000
Equipment
260,000
Accumulated Depreciation
$
121,000
Accounts Payable
10,600
Salaries Payable
9,600
Interest Payable
3,600
Notes Payable (due in two years)
26,000
Common Stock
160,000
Retained Earnings
46,000
Service Revenue
360,000
Salaries Expense
260,000
Rent Expense
13,000
Depreciation Expense
26,000
Interest Expense
3,600
Totals
$
736,800
$
736,800
Prepare an...
The following account balances appear in the 2021 adjusted trial balance of Blue Devils Corporation: Cash, $3,000; Accounts Receivable, $7,000; Supplies, $17,000; Equipment, $100,000; Accumulated Depreciation, $35,000; Accounts Payable, $24,000; Salaries Payable, $14,000; Common Stock, $40,000; and Retained Earnings, LVVILUVVIVI VINTIVI Balance Sheet December 31, 2021 Assets Liabilities Current assets: Current liabilities: Cash $ $ 24,000 3,000 7,000 17,000 Accounts Payable Salaries Payable Accounts Receivable 14,000 Supplies Total current assets 27,000 Total current liabilities 38,000 Stockholders' Equity Long-term assets: Equipment...
Exercise 3-16A Prepare financial statements from an adjusted trial balance (LO3-5) [The following information applies to the questions displayed below. The December 31, 2021, adjusted trial balance for Fightin' Blue Hens Corporation is presented below. Accounts credit Debit $ 11,100 141,000 Cash Accounts Receivable Prepaid Rent Supplies Equipment Accumulated Depreciation Accounts Payable Salaries Payable Interest Payable Notes Payable (due in two years) Common Stock Retained Earnings Service Revenue Salaries Expense Rent Expense 5,100 25,500 310,000 $126,000 11,100 10,100 4,100 31,000...
The following information applies to the questions displayed below) The December 31, 2021. adjusted trial balance for Fight Blue Hens Corporation is presented below. Debit $ 10,500 135.00 1,500 22,500 250, $120,000 10,5ee 9, See Cash Accounts Receivable Prepaid Rent Supplies Equipment Accumulated Depreciation Accounts Payable Salaries Payable Interest Payable Notes Payable (due in two years) Common Stock Retained Earnings Service Revenue Salaries Expense Rent Expense Depreciation Expense Interest Expense Totals 45, 350,000 250.000 5713,500 $713,50 Required: 1. Prepare an...
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