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unclassified balance sheet at december 31

nework Exercise Question 3 of 5 1.33/2 IH Cheyenne Remodelers was founded by Thomas Tyler in January 2011. Presented below is the adjusted trial balance as of December 31, 2020 Cr. CHEYENNE REMODELERS ADJUSTED TRIAL BALANCE DECEMBER 31.2020 Dr. Cash $23,000 Accounts Receivable 17.000 Supplies 3,400 Prepaid Insurance 1,200 Equipment 67,000 Accumulated Depreciation-Equipment Accounts Payable Interest Payable Notes Payable Unearned Service Revenue Salaries and Wages Payable Common Stock Retained Earnings Service Revenue Salaries and Wages Expense 12, 100 600 Insurance Expense $31.000 6,000 250 4,500 6.500 1,300 7,000 6,500 79.650 sin.docx Concept Review....pdf MSIS 301. Study...pdf Ch2 StudyGuide.pdf Ch 3: Homework Exercise Question 3 of 5 1.33/2 Dr. $23.000 17,000 3.400 1.200 67,000 Cash Accounts Receivable Supplies Prepaid Insurance Equipment Accumulated Depreciation-Equipment Accounts Payable Interest Payable Notes Payable Linearned Service Revenue Salaries and Wages Payable Common Stock Retained Earnings Service Revenue Salaries and Wages Expense Insurance Expense Interest Expense Depreciation Expense Supplies Expense Rent Expense $31.000 6,000 250 4,500 6.500 1300 7,000 6.500 79.650 12.100 600 600 5200 4500 8,100 $142.700 $142.700 SS 302 Sonne Concept Review of Ch2 Study Guide MSIS 301.Studyod! Ch 3: Homework Exercise Question 3 of 5 1.33/2 HII Prepare an income statement for the year ending December 31, 2020, CHEYENNE REMODELERS Income Statement For the Year Ended December 31, 2020 Revenues Service Revenue 79650.00 Expenses Salaries and Wages Expense 12.100.00 Insurance Expense 600.00 Interest Expense 800.00 5200.00 i Depreciation Expense 4500.00 i Supplies Expense Rent Expense 8100.00 i 31100.00 Total Expenses $ 48550.00 Net Income/(Loss! MSIS 201 Study..pdf Ch2 Study Guide.pdf MSIS 201 Sprin.docx Concept Review pdf stion 3 OT 5 1.33/2 (a2) Your Answer Correct Answer Your answer is correct Prepare a statement of retained earnings for the year ending December 31, 2020. (Ust Items that increase retained earnings first) CHEYENNE REMODELERS Statement of Retained Earnings For the Year Ended December 31, 2020 Retained Earnings, January 1 6500 48550 Add : Net Income /(Loss) $ 55050 Retained Earnings, December 31 e Textbook and Media List of Accounts Attemnt: 3 nf uced Ch2 Study Guide.pdf 5301 Sprin....docx Concept Review.pdf MSIS 301 Study...pdf + Ch 3: Homework Exercise Question 3 of 5 > 1.33/2 ili Prepare an unclassified balance sheet at December 31. (List assets in order of liquidity) CHEYENNE REMODELERS Balance Sheet Assets Liabilities and Stockholders' Equity Ch Study Guide.pdf MSIS 301 Sprit.DOC MSIS 301 Study.pdf Concept Review of Ch 3: Homework Exercise Question 3 of 5 1.33/2 Liabilities and Stockholder Equity e Textbook and Media MSIS 101 Study od Cha Stude.pdf Min. Cated

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