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B.H.Marinarentsonehundredslipsinalargedocktoownersofsmallboatsinthearea.Thetrialbalan...
B.H. Marina rents one hundred slips in a large dock to owners of small boats in the area. The trial balance of B.H. Marina on December 31, the end of the current fiscal year, is presented below:
[B.H. Marina Trial Balance] 如图:
Required:
1) Enter the trial balance accounts in the Trial Balance columns of a work sheet, and complete the work sheet using the following information:
a. Expired insurance, $346 (in addition to the amount already expensed).
b. Inventory of unused supplies still on hand, $76.
c. Estimated depreciation of cock, $2,000.
d. Unrecorded utility expense owed at the end of the year, $50.
2) From the work sheet, prepare an income statement and a balance sheet.
3) From the work sheet, record the adjusting entries and closing entries in the general journal. 展开
[B.H. Marina Trial Balance] 如图:
Required:
1) Enter the trial balance accounts in the Trial Balance columns of a work sheet, and complete the work sheet using the following information:
a. Expired insurance, $346 (in addition to the amount already expensed).
b. Inventory of unused supplies still on hand, $76.
c. Estimated depreciation of cock, $2,000.
d. Unrecorded utility expense owed at the end of the year, $50.
2) From the work sheet, prepare an income statement and a balance sheet.
3) From the work sheet, record the adjusting entries and closing entries in the general journal. 展开
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