The adjusted trial balance of May Katok Auto Repair Shop, as of December 31, 2021, presented below is not in proper order. Credit Accounts Receivable Transportation Expense Bank loan payable (due in 5 years) Repair Income Unearned Interest Income Utility Expense Accounts Payable Debit 150,000 4,000 3,000 130,000 250,000 16,000 77,000
The adjusted trial balance of May Katok Auto Repair Shop, as of December 31, 2021, presented below is not in proper order. Credit Accounts Receivable Transportation Expense Bank loan payable (due in 5 years) Repair Income Unearned Interest Income Utility Expense Accounts Payable Debit 150,000 4,000 3,000 130,000 250,000 16,000 77,000
College Accounting, Chapters 1-27 (New in Accounting from Heintz and Parry)
22nd Edition
ISBN:9781305666160
Author:James A. Heintz, Robert W. Parry
Publisher:James A. Heintz, Robert W. Parry
Chapter15: Financial Statements And Year-end Accounting For A Merchandising Business
Section: Chapter Questions
Problem 9SPB: FINANCIAL RATIOS Use the work sheet and financial statements prepared in Problem 15-8B. All sales...
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