i pls, make income statement, statement of retained earnings, and ending trial balance. Trial balances (amount in Php) Particulars Debit amount Credit amount Accounts payable Accounts receivable Share capital, common stock Cash Notes payable Property, plant and equipment Accumulated depreciation Allowances for doubtful debts Inventories Prepaid expense Goodwill Estimated tax liability Marketable securities Accrued expense Patents and trademarks Bonds payable Investments Deferred revenue Other liabilities(long term) Retained earnings - 4325 - 11660 - 6200 - - 1750 1250 100 - 1750 - 500 - 1500 - - - 1965 - 9990 - 800 - 3100 540 - - - 750 - 1000 - 2000 - 1650 1000 6240 29035 29035
i pls, make income statement, statement of retained earnings, and ending trial balance. Trial balances (amount in Php) Particulars Debit amount Credit amount Accounts payable Accounts receivable Share capital, common stock Cash Notes payable Property, plant and equipment Accumulated depreciation Allowances for doubtful debts Inventories Prepaid expense Goodwill Estimated tax liability Marketable securities Accrued expense Patents and trademarks Bonds payable Investments Deferred revenue Other liabilities(long term) Retained earnings - 4325 - 11660 - 6200 - - 1750 1250 100 - 1750 - 500 - 1500 - - - 1965 - 9990 - 800 - 3100 540 - - - 750 - 1000 - 2000 - 1650 1000 6240 29035 29035
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Hi pls, make income statement, statement of retained earnings , and ending trial balance .
Trial balances (amount in Php)
| Particulars | Debit amount | Credit amount |
|
Accounts payable Share capital, common stock Cash Notes payable Property, plant and equipment Allowances for doubtful debts Inventories Prepaid expense Estimated tax liability Marketable securities Accrued expense Patents and trademarks Bonds payable Investments Deferred revenue Other liabilities(long term) Retained earnings |
- 4325 - 11660 - 6200 - - 1750 1250 100 - 1750 - 500 - 1500 - - - |
1965 - 9990 - 800 - 3100 540 - - - 750 - 1000 - 2000 - 1650 1000 6240 |
|
|
29035 |
29035 |
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