lab - 85,000 Capital Stock 25,000 Cash 4,220 Notes Payable...

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ACCT 23020--FINANCIAL ACCOUNTING Lab Experience# 1 Name ___________________________ Section ________________ Group Exercise: The following items are available from the records of the Fresca Company for the year ended 12-31-07: Accounts Payable $12,550 Accounts Receivable 23,920 Advertising Expense 2,100 Buildings
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Unformatted text preview: 85,000 Capital Stock 25,000 Cash 4,220 Notes Payable 50,000 Office Equipment 12,000 Retained Earnings(Beginning Balance) 34,000 Salary & Wage Expense 8,230 Sales Revenue 14,220 Dividends 300 Required: Prepare an Income Statement, Statement of Retained Earnings and Balance Sheet...
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This note was uploaded on 06/15/2011 for the course ACCT 23020 taught by Professor Dorff,p during the Spring '08 term at Kent State.

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lab - 85,000 Capital Stock 25,000 Cash 4,220 Notes Payable...

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