I-01.03 Problem

I-01.03 Problem - Capital stock $41,000 Wage expense 37,000...

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I-01.03 Prepare Bisceglia's income statement, statement of retained earnings, and balance sheet for the year ending December 31, 20X5. The following information is all that is available. Be sure to prepare proper headings and dates on each financial statement.
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Unformatted text preview: Capital stock $41,000 Wage expense 37,000 Revenue 90,000 Cash 9,000 Utilities expense 6,000 Beginning retained earnings 11,000 Rent expense 10,000 Accounts payable 4,000 Equipment 80,000 Dividends 5,000 Accounts receivable 19,000 Notes payable 20,000...
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This note was uploaded on 02/29/2012 for the course ACCOUNTING 101 taught by Professor Hudack during the Spring '11 term at FIU.

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