Sales revenue Sales returns and allowances Sales discount Cost of goods sold Salaries and wages Utilities expense Advertising expense Depreciation expense Insurance expense Interest expense Taxes Owners capital beginning Additional capital Owners drawings Cash Short-term investments. Accounts receivables Inventory Supplies Prepayments Land Building Plant and Machinery. Equipment Accumulated depreciation. Intangibles Accounts payable Taxes payable Salaries and wages payable Unearned revenue Interest payable Mortgage payable Bank Loans Other Long-term debt TOTAL Debit $1,200.00 800.00 31,600.00 6,400.00 1,700.00 1,600.00 1,500.00 200.00 100.00 100.00 10,900.00 6,600.00 7,200.00 8,000.00 3,000.00 1,100.00 1,400.00 6,000.00 6,000.00 9,000.00 15,000.00 3,100.00 $122,500.00 Credit $48,400.00 31,800.00 10,000.00 5,000.00 9,600.00 2,000.00 3,100.00 900.00 400.00 4,000.00 6,000.00 1,300.00 $122,500.00

Sales revenue Sales returns and allowances Sales discount Cost of goods sold Salaries and wages Utilities expense Advertising expense Depreciation expense Insurance expense Interest expense Taxes Owners capital beginning Additional capital Owners drawings Cash Short-term investments. Accounts receivables Inventory Supplies Prepayments Land Building Plant and Machinery. Equipment Accumulated depreciation. Intangibles Accounts payable Taxes payable Salaries and wages payable Unearned revenue Interest payable Mortgage payable Bank Loans Other Long-term debt TOTAL Debit $1,200.00 800.00 31,600.00 6,400.00 1,700.00 1,600.00 1,500.00 200.00 100.00 100.00 10,900.00 6,600.00 7,200.00 8,000.00 3,000.00 1,100.00 1,400.00 6,000.00 6,000.00 9,000.00 15,000.00 3,100.00 $122,500.00 Credit $48,400.00 31,800.00 10,000.00 5,000.00 9,600.00 2,000.00 3,100.00 900.00 400.00 4,000.00 6,000.00 1,300.00 $122,500.00

Name: Below is the Adjusted Trial Balance of Ed Noel Enterprise for the year
Uploaded: 2024-03-04T10:43:15.000Z
Channel: Bartleby
Description: Below is the Adjusted Trial Balance of Ed Noel Enterprise for the year ended December 31, 2019. Prepare the Income Statement, Balance Sheet, and Statement of Changes in Equity of the company with proper financial statement format.

Financial Accounting

15th Edition

ISBN:9781337272124

Author:Carl Warren, James M. Reeve, Jonathan Duchac

Publisher:Carl Warren, James M. Reeve, Jonathan Duchac

Chapter6: Accounting For Merchandising Businesses

Section: Chapter Questions

Problem 5PA: The following selected accounts and their current balances appear in the ledger of Clairemont Co....

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