04-24_9e - DAKOTA SERVICES CO. Balance Sheet Assets...

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Exercise 4-24 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. DAKOTA SERVICES CO. Income Statement Fees earned Expenses: Wages expense Rent expense Insurance expense Utilities expense Supplies expense Depreciation expense Miscellaneous expense Total expenses Net income DAKOTA SERVICES CO. Retained Earnings Statement Retained earnings, August 1, 2007 Net income for the year Less dividends Increase in retained earnings Retained earnings, July 31, 2008
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Unformatted text preview: DAKOTA SERVICES CO. Balance Sheet Assets Liabilities Current assets: Current liabilities: Cash Accounts payable Accounts receivable Wages payable Supplies Total liabilities Prepaid insurance Total current assets Property, plant, and equipment Stockholders' Equity Land Capital stock Equipment Retained earnings Less accum. depr. Total stockholders' equity Total property, plant, and equipment Total assets Total liabilities and stockholders' equity...
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04-24_9e - DAKOTA SERVICES CO. Balance Sheet Assets...

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