1 Account No.123457891011121314151617181920212223Account NameAccounts payableAccounts receivableBuildings, net of accumulated depreciation 3537Cash770Long-term debtPrepaid insuranceRetained earnings, beginningService revenueSelling expensesShort term investmentsSalaries and wages expenseSalaries and wages payableCommon stockCost of goods soldCurrent portion of long-term debtDepreciation expenseDividends paid during the yearEquipment, net of accumulated depreciation 1,220Income tax expense265Income taxes payable265Interest expense400Inventory967Land1,6003,5001200O 6,8,9,11, 13, 17, 18, 19, 20, 226, 8, 11, 13, 19, 20, 22Amount6,8,9, 11, 13, 18, 19, 20, 22$834O 6, 8, 9, 11, 13, 19, 20, 228109002.500450335475Which account/s will NOT appear in the balance sheet (indicated by Account NO.)?1,6009,6003101,200700222

The financial statements are prepared using the adjusted trial balance. The important financial…

Account No. 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 Account Name Accounts payable Accounts receivable Inventory Land Amount Long-term debt Prepaid insurance Retained earnings, beginning Service revenue Selling expenses Short term investments $834 Buildings, net of accumulated depreciation 3537 Cash 770 Common stock 900 Cost of goods sold 2.500 Current portion of long-term debt 450 Depreciation expense 335 Dividends paid during the year 475 Equipment, net of accumulated depreciation 1.220 Income tax expense 265 Income taxes payable 265 Interest expense 810 400 967 1,600 3,500 1200 1,600 9,600 310 1,200

Account No. 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 Account Name Accounts payable Accounts receivable Inventory Land Amount Long-term debt Prepaid insurance Retained earnings, beginning Service revenue Selling expenses Short term investments $834 Buildings, net of accumulated depreciation 3537 Cash 770 Common stock 900 Cost of goods sold 2.500 Current portion of long-term debt 450 Depreciation expense 335 Dividends paid during the year 475 Equipment, net of accumulated depreciation 1.220 Income tax expense 265 Income taxes payable 265 Interest expense 810 400 967 1,600 3,500 1200 1,600 9,600 310 1,200

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

See similar textbooks

Similar questions

what is a P&L
duct
5) Explain why we de-lever and re-lever the PL.
But why? for number 3
pls answer no. 4 and 5
Peri
What is the answer to d e and f?
Any update on D,E,F
Question 4 Listen Which of the following points are on the unit circle? Select all that apply. A (--) B (33.3) C 12 (1/13. 31/3)
Define Rule of 78