Question 5 of 5 -/2 View Policies Current Attempt in Progress Bonita Corporation reports the following adjusted account balances, shown in alphabetical order, at the end of its fiscal year, February 28, 2021: Accounts payable 12.700 Income tax payable $ 400 Accounts receivable 28,300 Insurance expense 3,600 Accumulated depreciation-equipment 5,200 Prepaid insurance 2,600 Cash 17,400 Rent expense 5,700 Common shares 19,900 Retained earnings 21,300 Depreciation expense 4,100 Salaries expense 46,600 Dividends declared 2,100 Salaries payable 3,100 Equipment 23,700 Supplies 1,100 Fees earned 90,600 Supplies expense 3,900 Income tax expense 4,600 Utilities expense 2,400 III

Question 5 of 5 -/2 View Policies Current Attempt in Progress Bonita Corporation reports the following adjusted account balances, shown in alphabetical order, at the end of its fiscal year, February 28, 2021: Accounts payable 12.700 Income tax payable $ 400 Accounts receivable 28,300 Insurance expense 3,600 Accumulated depreciation-equipment 5,200 Prepaid insurance 2,600 Cash 17,400 Rent expense 5,700 Common shares 19,900 Retained earnings 21,300 Depreciation expense 4,100 Salaries expense 46,600 Dividends declared 2,100 Salaries payable 3,100 Equipment 23,700 Supplies 1,100 Fees earned 90,600 Supplies expense 3,900 Income tax expense 4,600 Utilities expense 2,400 III

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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