Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. according to information given above; prepare stat

According to information given above; Prepare Statement of Financial Position for Pompei dated Dec.31.2019 ...

80.2K

Verified Solution

Question

Accounting

image

According to information given above; Prepare Statement of Financial Position for Pompei dated Dec.31.2019

ACC.DEP.For MACHINERY 6.000 ACC.DEP.ForTRUCK 15.000 ACCOUNTS PAYABLE 4.700 CASH 7.5001 COMMON STOCK 47.000 DEPRECIATION EXPENSE FOR Machinery 3.000 DEPRECIATION EXPENSE FOR TRUCK 5.0001 DIVIDEND( Declared and paid in 2020) 7.5001 INTEREST PAYABLE 4.000 INVENTORY 12.0001 LAND 30.000 MACHINERY 121.000 MAINTENANCE EXPENSE 3500 MISCELLANEOUS EXPENSE 4.000 MORTGAGE PAYABLE 28.0001 PREPAID RENT EXPENSE 3.2001 RENT EXPENSE 2.0001 RETAINED EARNINGS(Jan 1.) 131.5001 SALARY EXPENSE 3.300 SALARY PAYABLE 2.4001 SALES REVENUE 18.000 SERVICE REVENUE 13.700 SUPPLIES 1.0001 SUPPLIES EXPENSE 700 TRUCK 70.000 UNEARNED REVENUE 4.400 UTILITY EXPENSE 1.0001

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Accounting
1.2K views

ABCDESales Revenue     40,000     75,000     580,000     35,000    ...ABCDESales Revenue     40,000     75,000     580,000     35,000     55,000Cost of Goods...

General Management
1.2K views

what are the potential consequences of paying so far below the market? could this result in...

Physics
1.2K views

A cylindrical volume of cross section area A and length contains a uniform mixture of...

Statistics
1.2K views

Units and use complete sentences when interpreting your result 8 pts A local hospital advertises...

Calculus
1.2K views

Find the derivative y arcsec e2x

Calculus
1.2K views

polynomial of degree 4 has a root of multiplicity 2 at x 3 a root...

Algebra
1.2K views

rite the complete solution as a plus any multiple of s in the nullspace x...

Algebra
1.2K views

rite 5x 25 as an equivalent expression with a denominator of x 5 x 1

Accounting
1.2K views

1. A publicly-owned company reports net income of $900,000 and pays a $200,000 dividend on...

Accounting
1.2K views

please help/show work trying to learn! Dana Inc. issued $100,000...

Accounting
1.2K views

please fill out 2019 form 1040, schedule 1, 3, A, B, form 2441 and 8880....

Accounting
1.2K views

\table[[\table[[Rusco Company],[Income Statement],[For This Year Ended July 31]],],[fuly 31,$1,100,000