Campbell Containers reported its balance sheet at May 31, 2019. Assume the following alphabetically listed accounts were included in its trial balance immediately prior to preparing the financial statements.   Campbell Containers Adjusted Trial Balance At May 31, 2019 (millions of dollars)   Debit Credit Accounts Payable   $ 3,200 Accounts Receivable $ 5,300   Accumulated Depreciation   19,900 Cash 5,200   Common Stock   3,000 Depreciation Expense 2,700   Dividends 200   Equipment 38,700   Goodwill 4,100   Income Tax Expense 1,050   Income Tax Payable   1,050 Interest Expense 130   Interest Receivable 40   Interest Revenue   50 Notes Payable (long-term)   8,000 Notes Payable (short-term)   450 Office Expenses 7,570   Prepaid Rent 1,000   Rent Expense 2,800   Repairs and Maintenance Expense 2,200   Retained Earnings   16,920 Salaries and Wages Expense 16,900   Salaries and Wages Payable   2,000 Service Revenue   46,000 Supplies 480   Transportation Expense 12,200     $ 100,570 $ 100,570   E4-2 (Algo) Part 1   Required: 1. Based on the trial balance, provide the name of the account that would accompany (a) Prepaid Rent and (b) Depreciation Expense in deferral adjustments at May 31. (Check all that apply.)

Following are selected accounts for Best Buy, Inc., for the fiscal year ended February 2, 2019. (a) Indicate whether each account appears on the balance sheet (B) or income statement (I). Best Buy, Inc. ($ millions)Amount Classification  Sales $42,879 Answer B I    Accumulated depreciation 6,690 Answer B I  Depreciation expense   770  Answer B I  Retained earnings  2,985  Answer B I   Net income 1,464 Answer B I   Property, plant & equipment, net 2,510 Answer B I   Selling, general and admin expense 8,015 Answer B I  Accounts receivable 1,015  AnswerB I   Total liabilities 9,595  Answer B I  Stockholders' equity  3,306  Answer B  I (b) Using the data, compute total assets and total expenses. Total Assets Answer Total Expenses Answer answer complete and correct and in detail with all work

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How do you find the red numbers on the balance sheet and income statement?

The following financial statements are taken from the records of Karde Inc. Use horizontal analysis techniques to compare the changes between 2019 and 2018 balance sheet items. Do not enter dollar signs or commas in the input boxes. Use the negative sign for negative values. Round all percentages to the nearest whole number (i.e. 21.61% should be entered as 22%). Karde Inc. Balance Sheet 2019 As at April 30 2018 S Change % Change Current Assets Cash $332,800 $318,600 S Accounts Receivable $236,800 $194,000 S Merchandise Inventory $429,900 $409,300 S Short-Term Investments $84,600 $108,000 S Total Current Assets $1,084,100 $1,029,900 Noncurrent Assets $164,000 $313,100 $ Total Assets $1,248,100 $1,343,000 S S X 27

The following balances were taken from the books of Bonita Corp. on December 31, 2020. Interest revenue $87,400 Accumulated depreciation—equipment $41,400Cash 52,400 Accumulated depreciation—buildings 29,400Sales revenue 1,381,400 Notes receivable 156,400Accounts receivable 151,400 Selling expenses 195,400Prepaid insurance 21,400 Accounts payable 171,400Sales returns and allowances 151,400 Bonds payable 101,400Allowance for doubtful accounts 8,400 Administrative and general expenses 98,400Sales discounts 46,400 Accrued liabilities 33,400Land 101,400 Interest expense 61,400Equipment 201,400 Notes payable 101,400Buildings 141,400 Loss from earthquake damage 151,400Cost of goods sold 622,400 Common stock 501,400   Retained earnings 22,400 Assume the total effective tax rate on all items is 20%. Prepare a multiple-step income statement; 100,000 shares of common stock were outstanding during the year. (Round earnings per share to 2 decimal places, e.g. 1.48.)

Visual Inspection H Company's accounting records provided the following changes in account balances and other information for 2019:       Net Changes for 2019     Debit   Credit Cash   $1,100     Accounts Receivable       $1,100 Inventory   1,700     Buildings and Equipment   9,000     Accumulated Depreciation       2,800 Accounts Payable   600     Common Stock, no par       5,000 Retained Earnings       3,500     $12,400   $12,400   Additional information: Net income totaled $5,700. Dividends were declared and paid. Equipment was purchased for $9,000. No buildings and equipment were sold during the year. One hundred shares of common stock were sold for $50 per share. The ending cash balance was $4,000. Required: Using visual inspection, prepare a 2019 statement of cash flows for Gordon. Use a minus sign to indicate cash outflows, a decrease in cash or cash payments. H COMPANY Statement of Cash Flows For Year Ended December 31, 2019 Operating…