3-5 ACC382

3-5 ACC382 - $500,000 $125,000 $375,000 Corrections...

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Name: Section: Problem 3-5 Enter the appropriate amount or formula in the shaded cells. An asterisk (*) will appear in the column to the right of an incorrect amount. Total Net Total Total Stockholders' Income Assets Liabilities Equity Reported amounts $124,350
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Unformatted text preview: $500,000 $125,000 $375,000 Corrections: Adjustment (a) 9,600 9,600 9,600 Adjustment (b)-3,500-3,500-3,500 Adjustment (c)-1,450 1,450-1,450 Adjustment (d)-1,100-1,100-1,100 Corrected amounts $127,900 $505,000 $126,450 $378,550...
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