NADJUSTED @12/31/15 CASH 1000 2000 1000 AR EQUIPMENT NP SALE C/S 4000 8000 O Dep...

50.1K

Verified Solution

Question

Accounting

image

NADJUSTED @12/31/15 CASH 1000 2000 1000 AR EQUIPMENT NP SALE C/S 4000 8000 O Dep Exp. 200 Acc. Dep. 200 Int. Exp. Int. payable Bad debt expense Allowance for DA 8000 RESERVE FOR DOUBTFUL ACCT 20% OF AR EQUIPMENT 5 YEAR STRAIGHT LINE DEPR JAN 1, 2015 NOTE PAY INCEPTION JAN 1, 2015 INTEREST =12% PREPARE ADJUSTED TB @12/31/2015 PREPARE IN GOOD FORM AN INCOME STATEMENT Trial Balance PREPARE A STATEMENT OF CASH FLOW 5tht of CF Cash ops NI A in AR NADJUSTED @12/31/15 CASH 1000 2000 1000 AR EQUIPMENT NP SALE C/S 4000 8000 O Dep Exp. 200 Acc. Dep. 200 Int. Exp. Int. payable Bad debt expense Allowance for DA 8000 RESERVE FOR DOUBTFUL ACCT 20% OF AR EQUIPMENT 5 YEAR STRAIGHT LINE DEPR JAN 1, 2015 NOTE PAY INCEPTION JAN 1, 2015 INTEREST =12% PREPARE ADJUSTED TB @12/31/2015 PREPARE IN GOOD FORM AN INCOME STATEMENT Trial Balance PREPARE A STATEMENT OF CASH FLOW 5tht of CF Cash ops NI A in AR

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