04-1B_9e - Problem 4-1B Name Section Enter the appropriate amount or item in the shaded cells An asterisk will appear next to an incorrect entry in

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Problem 4-1B Name: Section: Enter the appropriate amount or item in the shaded cells. An asterisk (*) will appear next to an incorrect entry in the outlined cells. Use the pull-down list to select the appropriate account in the journal.
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1. LAST-CHANCE COMPANY Income Statement For the Year Ended November 30, 2008 Revenues: Expenses: Total expenses Net Loss 2. LAST-CHANCE COMPANY Retained Earnings Statement For the Year Ended November 30, 2008 Corey Evans, capital, December 1, 2007 Corey Evans, capital, November 30, 2008 3. LAST-CHANCE COMPANY Balance Sheet November 30, 2008 Assets Liabilities Current assets: Current liabilities Total liabilities Total current assets Property, plant, and equipment: Stockholders' Equity Total stockholders' equity
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Total property, plant, and equipment Total assets Total liabilities and stockholders' equity
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4. JOURNAL Date Debit Credit 2008 Closing Entries Nov. 30 30 Depr. Exp. - Building Depr. Exp. - Equipment 30 30 5. LAST-CHANCE COMPANY Post-Closing Trial Balance
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This note was uploaded on 10/22/2010 for the course BUSINESS BAIU09 taught by Professor Mr.ken during the Spring '10 term at American InterContinental University Dunwoody.

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04-1B_9e - Problem 4-1B Name Section Enter the appropriate amount or item in the shaded cells An asterisk will appear next to an incorrect entry in

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