Ch05P1A - Chris Jensen capital 999,050 Chris Jensen...

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Problem 5-1A Prestige Rentals Work Sheet For Year Ended March 31, 2005 Account Adjustments Income Statement Debit Credit Debit Credit Debit Credit Debit Credit Debit Credit Cash 34,000 Rent receivable 120,000 Office supplies 13,600 Investment in ClubLink shares 286,000 Furniture 92,000 Building 1,250,000 Land 220,000 Patent 6,000 Accounts payable 11,600 Long-term notes payable 750,000
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Unformatted text preview: Chris Jensen, capital 999,050 Chris Jensen, withdrawals 56,000 Rent earned 812,400 Office salaries expense 248,000 Interest expense 41,250 Advertising expense 56,000 Janitorial expense 82,000 Utilities expense 68,200 Totals 2,573,050 2,573,050 Unadjusted Trial Balance Adjusted Trial Balance Balance Sheet & Statement of Owner's Equity...
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This note was uploaded on 08/22/2009 for the course ACCT 1101 taught by Professor Davescott during the Fall '05 term at Niagara College.

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