avorites Tools Help Weygandt, Financial Accounting, 10e Help I System Announceme
ID: 2611915 • Letter: A
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avorites Tools Help Weygandt, Financial Accounting, 10e Help I System Announcements Exercise 3-18 (Part Level Submission) The adjusted trial balance for Skysong, Inc. is given in below. Skysong, Inc. Trial Balance August 31, 2019 Before Adjustment After Adjustment Dr Cr Dr. Cr. $10,500 8,600 2,400 4,000 12,300 10,500 10,000 500 2,500 12,300 Accounts Receivable Prepaid Insurance Equipment Accumulated Depreciation-Equipment Accounts Payable 3,800 5,800 Salaries and Wages Payable Unearned Rent Revenue Common Stock Retained Earnings Service Revenue Rent Revenue Salaries and Wages Expense Supplies Expense Rent Expense Insurance Expense Depreciation Expense $4,600 5,800 1,000 600 9,900 3,600 35,400 12,100 1,600 9,900 3,600 34,000 11,100 17,200 18,200 1,900 14,800 1,500 800 14,800 $69,800 $69,800 $73,000 $73,000 (a) Your answer is correct. n.wileyplus.com/edugen/shared/assignment/test/aglist.uni?id-asnmt2164693 N1002DExplanation / Answer
SKYSONG INC
BALANCE SHEET
AS ON AUGUST 31 ,2019
SKYSONG INC
BALANCE SHEET
AS ON AUGUST 31 ,2019
ASSETS cash 10500 Accounts receivable 10000 Supplies 500 Prepaid insurance 2500 Equipment 12300 Accumulated depreciation-equipment (4600) 7700 Total asset 31200 Liabilities and stockholders equity Liabilities Accounts payable 5800 salaries and wage payable 1000 Unearned rent revenue 600 Total liabilities 7400 stockholders equity common stock 9900 Retained earnings 13900 Total stockholders equity 23800 Total liabilities and sockholders equity 31200Related Questions
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