Ch05P3B - Problem 5-3B Boomer Demolition Company Work Sheet...

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Problem 5-3B 2. Boomer Demolition Company Work Sheet For Year Ended June 30, 2005 Account Adjustments Income Statement General Journal Debit Credit Debit Credit Debit Credit Debit Credit Debit Credit Date Accounts and explanation PR Cash 9,000 Sept. 30 Supplies 18,000 Prepaid insurance 14,600 Equipment 140,000 Accumulated amortization, equipment 10,000 Accounts payable 16,000 Interest payable - Rent payable - Wages payable - Business taxes payable - Long-term notes payable 90,000 Rusty Boomer, capital 66,900 Rusty Boomer, withdrawals 4,000 Demolition fees earned 137,000 Amortization expense, equipment - Wages expense 51,400 Interest expesne 2,200 Insurance expense - Rent expense 48,800 Supplies expense - Business taxes expense 8,400 Repairs expense 6,700 Utilities expense 16,800 4. Analysis of potential errors. Unadjusted Trial Balance Adjusted Trial Balance Balance Sheet & Statement of Owner's Equity
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3. 4. Analysis component:
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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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Ch05P3B - Problem 5-3B Boomer Demolition Company Work Sheet...

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