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Sheridan Company was organized on April 1, 2020. The company prepares quarterly financial statements. The...

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Accounting

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Sheridan Company was organized on April 1, 2020. The company prepares quarterly financial statements. The adjusted trial balance amounts at June 30 are shown below. Debits Credits Cash R$ 6,000 R$ 600 480 3,000 Accounts Receivable Prepaid Rent Accumulated Depreciation Equipment Notes Payable Accounts Payable Salaries and Wages Payable 1.000 700 Supplies 800 300 Equipment 11,000 Interest Payable 50 Dividends 400 Unearned Rent Revenue 300 7.000 11.580 Salaries and Wages Expense Rent Expense Depreciation Expense 1,000 Share Capital-Ordinary Service Revenue Rent Revenue 11,000 600 1.200 Supplies Expense 100 R$28.730 Utilities Expense 300 Interest Expense 50 R$28,730 Determine the net income for the quarter April 1 to June 30. Net income/loss) R$ e Textbook and Media Determine the total assets and total liabilities at June 30, 2020, for Sheridan Company Sheridan Company Total assets R$ Total liabilities R$ e Textbook and Media Determine the total assets and total liabilities at June 30, 2020, for Sheridan Company Sheridan Company Total assets R$ Total liabilities R$ e Textbook and Media Determine the amount that appears for Retained Earnings at June 30, 2020 Retained Earnings, June 30 R$

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