Module6HW - Problem95GrossProfitMethod

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Problem 9-5 -- Gross Profit Method STANISLAW CORPORATION Trial Balance 31-Mar-11 Cash                                  $ 20,000 Accounts receivable                40,000 Inventory, 12/31/10               75,000 Land                                     35,000 Building and equipment         110,000 Accumulated depreciation                          $ 41,300 Other assets                                                  3,600 Accounts payable                                         23,700 Other expense accruals                                10,200 Capital stock                                              100,000 Retained earnings                                        52,000 Sales                                                         135,000 Purchases                               52,000
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This note was uploaded on 04/06/2011 for the course ACC 300 taught by Professor Barga during the Spring '11 term at St. Leo.

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Module6HW - Problem95GrossProfitMethod

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