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ACC 421 Your world/uophelp.com

For more course tutorials visit<br>www.uophelp.com<br><br><br><br><br>Number of Questions 30<br>Score atleast 90% easily with our EXCEL SHEET for any values (EVEN IF VALUES CHANGES) of below mentioned Question<br> <br>Exercise 129   Prepare the necessary adjusting journal entries indicated by each item for the year ended December 31, 2017.<br> <br>Exercise 132 <br>                            1. An income statement.<br>                           2. A retained earnings statement.<br>                            3. A balance sheet.<br> <br>Brief Exercise 3-2Splish Repair Shop had the following transactions during the first month of business as a proprietorship. Journalize the transactions<br> <br>Brief Exercise 3-8     Included in Novak Company’s December 31 trial balance is a note receivable of $12,360. The note is a 4-month, 10% note dated October 1. Prepare Novak’s December 31 adjusting entry to record $309 of accrued interest, and the February 1 journal entry to record receipt of $12,772 from the borrower.<br>Brief Exercise 4-3        Kingbird Corporation had net sales of $2,423,900 and interest revenue of $39,100 during 2017. Expenses for 2017 were cost of goods sold $1,464,800, administrative expenses $218,000, selling expenses $283,500, and interest expense $54,200. Kingbird’s tax rate is 30%. The corporation had 103,100 shares of common stock authorized and 72,670 shares issued and outstanding during 2017. Prepare a condensed multiple-step income statement for Kingbird Corporation.<br>Exercise 4-2           Presented below is information related to Windsor Company at December 31, 2017, the end of its first year of operations.<br>(a)                    Income from operations<br>(b)                   Net income<br>(c)                    Comprehensive income<br>(d)                   Retained earnings balance at December 31, 2017

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ACC 421 Your world/uophelp.com

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  1. ACC 421 Your world/uophelp.com For more course tutorials visit www.uophelp.com

  2. ACC 421 Final Exam Guide (New) For more course tutorials visit www.uophelp.com Number of Questions 30 Score atleast 90% easily with our EXCEL SHEET for any values (EVEN IF VALUES CHANGES) of below mentioned Question Exercise 129   Prepare the necessary adjusting journal entries indicated by each item for the year ended December 31, 2017.

  3. ACC 421 Your world/uophelp.com For more course tutorials visit www.uophelp.com

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