04-2A_9e - Problem 4-2A Name: Section: Enter the...

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Unformatted text preview: Problem 4-2A Name: Section: Enter the appropriate amount or item in the shaded cells. An asterisk (*) will appear next to an incorrect entry or label in the outlined cells. Use the pull-down list to select the appropriate account in the journal. 1. THE NEVUS COMPANY Income Statement For the Year Ended April 30, 2008 Revenues: Total revenue Expenses: Total expenses Net Income THE NEVUS COMPANY Retained Earnings Statement For the Year Ended April 30, 2008 Retained earnings, May 1, 2007 Retained earnings, April 30, 2008 THE NEVUS COMPANY Balance Sheet April 30, 2008 Assets Liabilities Current assets: Current liabilities Total liabilities Total current assets Stockholders' Equity Property, plant, and equipment: Total property, plant, and equipment Total stockholders' equity Total assets Total liabilities and stockholders' equity 2. JOURNAL Date Debit Credit 2008 Closing Entries Apr. 30 30 30 30 3. Problem 4-2A Name: SOLUTION Section: Enter the appropriate amount or item in the shaded cells.Enter the appropriate amount or item in the shaded cells....
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04-2A_9e - Problem 4-2A Name: Section: Enter the...

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