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Financial & Managerial Accounting 3rd Edition by Charles Horngren,Harrison, Walter,Suzanne Oliver
النسخة 3الرقم المعياري الدولي: 978-0132962339Financial & Managerial Accounting 3rd Edition by Charles Horngren,Harrison, Walter,Suzanne Oliver
النسخة 3الرقم المعياري الدولي: 978-0132962339 تمرين 41
Preparing financial statements and evaluating business performance
Presented here are the accounts of Quick and EZ Delivery Corporation for the year ended December 31, 2012.
Requirements
1. Prepare Quick and EZ Delivery Corporation's income statement.
2. Prepare the statement of retained earnings.
3. Prepare the balance sheet.
4. Answer these questions about the company:
a. Was the result of operations for the year a profit or a loss How much
b. How much in total economic resources does the company have as it moves into the new year
c. How much does the company owe to creditors
d. What is the dollar amount of the stockholders' equity in the business at the end of the year
Presented here are the accounts of Quick and EZ Delivery Corporation for the year ended December 31, 2012.
Requirements
1. Prepare Quick and EZ Delivery Corporation's income statement.
2. Prepare the statement of retained earnings.
3. Prepare the balance sheet.
4. Answer these questions about the company:
a. Was the result of operations for the year a profit or a loss How much
b. How much in total economic resources does the company have as it moves into the new year
c. How much does the company owe to creditors
d. What is the dollar amount of the stockholders' equity in the business at the end of the year
التوضيح
موثّق
موثّق
2.
Step 1 Read the exercise.
Step 2 Pr...
Financial & Managerial Accounting 3rd Edition by Charles Horngren,Harrison, Walter,Suzanne Oliver
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