CHAPTER 4 - JERSEY SHORE CORP TRIAL BALANCE 31-Dec-09 CASH...

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JERSEY SHORE CORP TRIAL BALANCE 31-Dec-09 CASH 46,000 SELLING EXPENSES 38,540 TRADE ACCOUNTS PAYABLE 68,020 SALES 684,740 EQUIPMENT 126,480 WAGES 222,420 INVENTORY 172,540 PREPAID INSURANCE 3,800 SALES DISCOUNTS 1,200 COMMISSIONS 46,850 OFFICE SUPPLIES EXPENSE 25,455 INTEREST EXPENSE 14,000 DEPRECIATION 45,250 BAD DEBT EXPENSE 42,000 REVALUATION GAINS 68,000 COST OF SALES 314,870 INTEREST INCOME 3,200 COMMON SHARES 10,000 ACCUMULATED DEPRECIATION 62,540 LONG TERM DEBT 268,000 RETAINED EARNINGS 320,460 ACCOUNTS RECEIVABLE 228,775 DIVIDENDS 72,000 MISCELLANEOUS EXPENSES 16,000 LAND 68,000 RENT EXPENSE 98,000 UNREALIZED LOSSES ON INVESTMENTS 42,000 OTHER COMPREHENSIVE INCOME 162,000 TRAVEL EXPENSE 68,780 ALLOWANCE FOR DOUBTFUL ACCTS 78,000 PROPERTY TAX EXPENSE 32,000 1,724,960 1,724,960 ADDITIONAL INFORMATION 1. YEAR END PHYSICAL INVENTORY VALUED AT $186,000
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JERSEY SHORE CORP TRIAL BALANCE 31-Dec-09 CASH 46,000 46,000 SELLING EXPENSES 38,540 38,540 TRADE ACCOUNTS PAYABLE 68,020 68,020 SALES
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This note was uploaded on 12/18/2011 for the course BUSINESS 450 taught by Professor Smith during the Winter '10 term at Ryerson.

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CHAPTER 4 - JERSEY SHORE CORP TRIAL BALANCE 31-Dec-09 CASH...

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