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-   -   Journalize and post closingentriesand prepare a post closing trial balance (https://www.askmehelpdesk.com/showthread.php?t=443290)

  • Feb 4, 2010, 07:09 PM
    ja24ball
    Journalize and post closingentriesand prepare a post closing trial balance
    GOODE COMPANY
    Worksheet (partial)
    For the Month Ended April 30, 2008
    Adjusted Trial Income
    Balance Statement Balance Sheet
    Account Titles Dr. Cr. Dr. Cr. Dr. Cr.
    Cash 13,752
    Accounts Receivable 7,840
    Prepaid Rent 2,280
    Equipment 23,050
    Accumulated Depreciation 4,921
    Notes Payable 5,700
    Accounts Payable 5,672
    Common Stock 25,000
    Retained Earnings 5,960
    Dividends 3,650
    Service Revenue 15,590
    Salaries Expense 10,840
    Rent Expense 760
    Depreciation Expense 671
    Interest Expense 57
    Interest Payable 57
    Totals 62,900 62,900
    Instructions
    Complete the worksheet.
    E4-3 Worksheet data for Goode Company are presented in E4-2. No common stock was issued
    During April.
  • Feb 5, 2010, 08:54 PM
    morgaine300

    Sigh. You've posted the same problem 3 times now, each one wanting something different. You have to complete the worksheet first, then do the statements, then do the closing entries, then the post-closing trial balance. How do you expect to do instructions that come later if you haven't completed the first part yet? So it isn't doing any good to keep posting the problem over and over.

    Unless of course you were just expecting us to complete it for you, and that isn't happening.

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