Instructions Use the following Adjusted Trial Balance and Income Statement, to prepare the Income Statement, Statement o

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Instructions Use The Following Adjusted Trial Balance And Income Statement To Prepare The Income Statement Statement O 1 (56 KiB) Viewed 51 times

Instructions Use the following Adjusted Trial Balance and Income Statement, to prepare the Income Statement, Statement of Retained Earnings and Balance Sheet as of 12/31/xx Account Description Accumulated Depreciation, Store Equipment Accounts Receivable Salary Expense Office Supplies Store Equipment Maintenance & Repairs Expense Accounts Payable Advertising Expense Salaries Payable Long-term Notes Payable Rent Expense - Office Space Common Stock Utilities Expense - Office Space Cash Retained Earnings, Beginning Dividends Prepaid Insurance Service Revenue Depreciation Expense - Store Equipment Interest Expense 43,000 18,000 60,000 1,000 215,000 600 16,300 20,000 5,500 8,000 18,000 72,000 6,000 $34,200 60,000 5,000 4,800 215,000 36,000 1,200 Asset, Liab, Rev, Exp, CS, or Div I/S, B/S or Ret Earn