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Mortgage Payable Prepaid Insurance Short-term investments Common Shares Cash Advertising Accounts Receivable Sales revenue Accounts Payable Buildings (Net) Cost of Goods Sold Note Payable (due in 9 months) Retained Earnings (Beg Bal-Jan 1) $84,700 $3,900 $3,900 $10,000 $29,900 $45,200 $16,200 $604,300 $13,500 $95,500 $295,800 $5,400 $41,900 Interest Expense Land Office salaries Sales Salaries Supplies expense Insurance expense Depreciation expense Income tax expense Dividend Payments Interest Income Inventory $9,400 $23,700 $69,600 $96,800 $24,000 $12,400 $17,000 $5,000 $5,900 $15,700 $21,300

Mortgage Payable Prepaid Insurance Short-term investments Common Shares Cash Advertising Accounts Receivable Sales revenue Accounts Payable Buildings (Net) Cost of Goods Sold Note Payable (due in 9 months) Retained Earnings (Beg Bal-Jan 1) $84,700 $3,900 $3,900 $10,000 $29,900 $45,200 $16,200 $604,300 $13,500 $95,500 $295,800 $5,400 $41,900 Interest Expense Land Office salaries Sales Salaries Supplies expense Insurance expense Depreciation expense Income tax expense Dividend Payments Interest Income Inventory $9,400 $23,700 $69,600 $96,800 $24,000 $12,400 $17,000 $5,000 $5,900 $15,700 $21,300

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question 10 of 10 F3 View Policies Show Attempt History Current Attempt in Progress Crane Grove Hardware has the following balances in the company ledgers for the year ending December 31: Mortgage Payable Prepaid Insurance Short-term investments Common Shares Cash pe here to search ertis Accounts Receivable Sales revenue Accounts Payable F4 4 7 F5 < > 521 % 5 € O F6 Of A 6 $84,700 $3,900 $3,900 $10,000 $29.900 $45,200 $16,200 $604,300 $13,500 F7 F8 29 & Interest Expense Land Office salaries Sales Salaries Supplies expense Insurance expense Depreciation expense Income tax expense Dividend Payments DELL F9 8 F10 $9.400 $23,700 $69,600 $96,800 $24,000 $12,400 $17,000 $5,000 $5,900 9 F11 0 F12 P
Transcribed Image Text:Question 10 of 10 F3 View Policies Show Attempt History Current Attempt in Progress Crane Grove Hardware has the following balances in the company ledgers for the year ending December 31: Mortgage Payable Prepaid Insurance Short-term investments Common Shares Cash pe here to search ertis Accounts Receivable Sales revenue Accounts Payable F4 4 7 F5 < > 521 % 5 € O F6 Of A 6 $84,700 $3,900 $3,900 $10,000 $29.900 $45,200 $16,200 $604,300 $13,500 F7 F8 29 & Interest Expense Land Office salaries Sales Salaries Supplies expense Insurance expense Depreciation expense Income tax expense Dividend Payments DELL F9 8 F10 $9.400 $23,700 $69,600 $96,800 $24,000 $12,400 $17,000 $5,000 $5,900 9 F11 0 F12 P
here to search F3 Question 10 of 10 3 Mortgage Payable Prepaid Insurance Short-term investments Common Shares Cash Advertising Accounts Receivable Sales revenue F4 144 Accounts Payable Buildings (Net) Cost of Goods Sold Note Payable (due in 9 months) $5,400 Retained Earnings (Beg Bal-Jan 1) $41,900 F5 < % 5 € O F6 $84,700 $3,900 $3,900 $10,000 A $29,900 $45,200 $16,200 $604,300 $13,500 $95,500 $295,800 F7 6 F8 7 Interest Expense Land Office salaries Sales Salaries Supplies expense Insurance expense Depreciation expense Income tax expense Dividend Payments Interest Income Inventory DELL F9 * 8 $9,400 $23,700 $69,600 $96,800 $24,000 $12,400 $17,000 $5,000 $5,900 $15,700 $21,300 F10 F11 FO F12
Transcribed Image Text:here to search F3 Question 10 of 10 3 Mortgage Payable Prepaid Insurance Short-term investments Common Shares Cash Advertising Accounts Receivable Sales revenue F4 144 Accounts Payable Buildings (Net) Cost of Goods Sold Note Payable (due in 9 months) $5,400 Retained Earnings (Beg Bal-Jan 1) $41,900 F5 < % 5 € O F6 $84,700 $3,900 $3,900 $10,000 A $29,900 $45,200 $16,200 $604,300 $13,500 $95,500 $295,800 F7 6 F8 7 Interest Expense Land Office salaries Sales Salaries Supplies expense Insurance expense Depreciation expense Income tax expense Dividend Payments Interest Income Inventory DELL F9 * 8 $9,400 $23,700 $69,600 $96,800 $24,000 $12,400 $17,000 $5,000 $5,900 $15,700 $21,300 F10 F11 FO F12
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