Common stock 400 Additional paid in capital 19000 Retained earnings 22720 Total

Common stock 400 additional paid in capital 19000

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Common stock 400 Additional paid-in capital 19,000 Retained earnings 22,720 Total stockholders' equity 42,120 Total assets $ 68,300 $ 68,300 Required: 3 Transaction General Journal Debit Credit 1 Service revenue 61,360 Retained earnings 16,720 Supplies expense 600 Insurance expense 800 Depreciation expense 3,700 Wages expense 640 Remaining expenses (not detailed) 33,360 Income taxes expense 5,540 Total liabilities and stockholders' equity Record the 2014 closing entry. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)
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CP4-2 Finding Financial Information LO4-2, 4-3, 4-4 Refer to the financial statements of Urban Outfitters in Appendix C at the end of this book. Required: 1. How much is in the Prepaid Expenses and Other Current Assets account at the end of the most recent year (for the year ended January 31, 2012)? $ 69,876 (in thousands) Where did you find this information? Balance Sheet 2. What did the company report for Deferred Rent and Other Liabilities at the end of the most recent year (for the year ended January 31, 2012)? $ 183,974 (in thousands) Where did you find this information? Balance Sheet
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