STEP: 2 of 2
Calculate and record the net income or net loss. Label the amount in the Account Title column. Total the Income Statement and Balance Sheet
columns.
Repair World
WORK SHEET
For Month Ended December 31, 20--
ACCOUNT TITLE
TRIAL BALANCE
DESIT CREDIT
13,600.00
ADJUSTMENTS
DEEIT CREDIT
INCOME STATEMENT
DEBIT
CREDIT
BALANCE SHEET
DEBIT
CREDIT
13,600.00
1
Cash
150.00
2
2,996.00
150.00
2.996.00
240.00
3
476.00
236.00
4
650.00
130.00
? Petty Cash
Accounts Receivable Stephen Coates
• Supplies
s Prepaid Insurance
Acrounts Payable-Jill Stratton
Isiah Caursen, Capital
Isiah Clausen, Drawing
come Summary
520.00
S
596.00
596.00
6
14,886,00
14,886,007
3.400.00
3.400.00
25
2290
HR
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Answers: 2
Business, 21.06.2019 20:20, webbjalia04
Jimmy owns an ice cream parlor. he designs a schedule for the different tasks the employees have to perform in order to prevent monotony at work. according to the schedule, if an employee makes waffle cones on a day, he serves ice creams the next day and clears the tables on the day after that. jimmy is using the approach at his ice cream parlor.
Answers: 2
Business, 22.06.2019 11:10, henryzx900
How much are you willing to pay for a zero that matures in 10 years, has a face value of $1,000 and your required rate of return is 7%? round to the nearest cent. do not include a dollar sign in your answer. (i. e. if your answer is $432.51, then type 432.51 without $ sign)
Answers: 1
Business, 22.06.2019 13:40, LilFabeOMM5889
The cook corporation has two divisions--east and west. the divisions have the following revenues and expenses: east west sales $ 603,000 $ 506,000 variable costs 231,000 300,000 traceable fixed costs 151,500 192,000 allocated common corporate costs 128,600 156,000 net operating income (loss) $ 91,900 $ (142,000 ) the management of cook is considering the elimination of the west division. if the west division were eliminated, its traceable fixed costs could be avoided. total common corporate costs would be unaffected by this decision. given these data, the elimination of the west division would result in an overall company net operating income (loss)
Answers: 1
STEP: 2 of 2
Calculate and record the net income or net loss. Label the amount in the Account Titl...
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