ACC Week 4 Questions and Answers
14 pages of Homework Screenshots
The ledger of Swann Company contains the following balances: D. Swann, Capital $30,000; D. Swann, Drawing $2,000;
Service Revenue $50,000; Salaries Expense $27,000; and Supplies Expense $4,000. Prepare the closing entries at
The steps in the accounting cycle are listed in random order below. List the steps in the proper order by placing number
1-9 in the blank spaces.
The following are the major balance sheet classifications:
Worksheet data for Goode Company are presented below.
Apachi Company ended its fiscal year on July 31, 2010. The company’s adjusted trial balance as of the end of its fiscal year
is as shown below.
Adjusted Trial Balance
These financial statement items are for B. Snyder at year-end, July 31
B. SNYDER COMPANY
Complete the income statement, owner’s equity statement, and a classified balance sheet. S. Woods made an additional
investment in the business of $4,000 during
Owner’s Equity Statement
Complete the post-closing trial balance.
Post-Closing Trial Balance
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