Exercises week 4 - Totals 62,900 62,900 Instructions...

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E4-2 The adjusted trial balance columns of the worksheet for Goode Company are as follows GOODE COMPANY Worksheet (partial) For the Month Ended April 30, 2008 Adjusted Trial Income Balance Statement Balance Sheet Account Titles Dr. Cr. Dr. Cr. Dr. Cr. Cash 13,752 Accounts Receivable 7,840 Prepaid Rent 2,280 Equipment 23,050 Accumulated Depreciation 4,921 Notes Payable 5,700 Accounts Payable 5,672 Common Stock 25,000 Retained Earnings 5,960 Dividends 3,650 Service Revenue 15,590 Salaries Expense 10,840 Rent Expense 760 Depreciation Expense 671 Interest Expense 57 Interest Payable 57
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Unformatted text preview: Totals 62,900 62,900 Instructions Complete the worksheet. E4-3 Worksheet data for Goode Company are presented in E4-2. No common stock was issued during April. Instructions Prepare an income statement, a retained earnings statement, and a classified balance sheet. E4-4 Worksheet data for Goode Company are presented in E4-2. Instructions (a) Journalize the closing entries at April 30. (b) Post the closing entries to Income Summary and Retained Earnings. Use T accounts. (c) Prepare a post-closing trial balance at April 30....
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This note was uploaded on 07/06/2011 for the course MARKETING 101 taught by Professor Sierra during the Spring '11 term at University of Phoenix.

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