McGraw-Hill Connect _ Student Performancej

McGraw-Hill Connect _ Student Performancej - Score...

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Score: 8.92 out of 20 points (44.60%)
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3. award: 1.37 out of 5.00 points Below is the complete list of accounts of Sooner Company and the related balance at the end of April. All accounts have their normal debit or credit balance. Cash, $2,930; Prepaid Rent, $6,200; Accounts Payable $3,440; Common Stock, $28,180; Service Revenue, $23,900; Salaries Expense, $7,190; Accounts Receivable, $5,000; Land, $50,300; Unearned Revenue, $1,650; Retained Earnings, $21,700; Supplies Expense, $7,250. Required: Prepare a trial balance with the list of accounts in the following order: assets, liabilities, stockholders’ equity, revenues, and expenses. (The items in the Trial Balance should be grouped as follows: Assets, Liabilities, Equity, Revenues, and Expenses.) *Red text indicates no response was expected in a cell or a formula­based calculation is incorrect; no points $ $ $ SOONER COMPANY Trial Balance April 30 Accounts Debit Credit Cash 2,930 Prepaid rent 6,200 Accounts payable 3,440 Common stock 28,180 Service revenue 23,900 Salaries expense 7,190 Accounts receivable 5,000 Land 50,300 Unearned revenue 1,650 Retained earnings 21,700 Supplies expense 7,250 Totals 28,570 129,170 View Hint #1 references ebook & resources
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McGraw-Hill Connect _ Student Performancej - Score...

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