(Solved Homework): balance for the year trial 3.46 Chopter 3 Review of a Company's Accounting System E3-1…

balance for the year trial 3.46 Chopter 3 Review of a Companys Accounting System E3-10 Financial Statements Turtle Company LO 3.6 December 31, 2016 L0 3.7 1, 2016 nts Turtle Company has prepared the following adjusted trial balanc Credit Debit $ 1,700 2,100 1,800 5,400 Cash Accounts Receivable (net) Inventory Equipment 1,700 2,300 300 360 Accumulated Depreciation Accounts Payable Salaries Payable Income Taxes Payable Common Stock (400 shares) 3,200 2,500 Retained Earnings Dividends 200 Sales Revenue Selling Expenses Income Tax Expense 7,900 Cost of Goods Sold 4,300 1,800 600 360 Administrative Expenses Totals $18,260 $18,260 Required For 2016, prepare in proper form an income statement, (2) a retained earnings statement, (3) an ending an cnding bá sheet, and (4) closing entries. 11 Worksheet for S ervice Company Whitaker Consulting Company has prepared a trial balance os the fol partiall

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balance for the year trial 3.46 Chopter 3 Review of a Company’s Accounting System E3-10 Financial Statements Turtle Company LO 3.6 December 31, 2016 L0 3.7 1, 2016 nts Turtle Company has prepared the following adjusted trial balanc Credit Debit $ 1,700 2,100 1,800 5,400 Cash Accounts Receivable (net) Inventory Equipment 1,700 2,300 300 360 Accumulated Depreciation Accounts Payable Salaries Payable Income Taxes Payable Common Stock (400 shares) 3,200 2,500 Retained Earnings Dividends 200 Sales Revenue Selling Expenses Income Tax Expense 7,900 Cost of Goods Sold 4,300 1,800 600 360 Administrative Expenses Totals $18,260 $18,260 Required For 2016, prepare in proper form an income statement, (2) a retained earnings statement, (3) an ending an cnding bá sheet, and (4) closing entries. 11 Worksheet for S ervice Company Whitaker Consulting Company has prepared a trial balance os the fol partiall

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