WebDec 31, 2024 · On December 1, 2024, Devine Distributing Company had the following account balances. Debit ($) Credit ($) Cash 7,500 Accumulated Depreciation-Equipment 2,440 Accounts Receivable 5,400... WebDec 1, 2024 · On December 1, 2024, Devine Distributing Company had the following account balances. During December, the company completed the following summary transactions. Dec. 6 Paid $1,600 for salaries due employees, of which $600 is for December and $1,000 is for November salaries payable.
The following is information from Crystal Company
WebDec 31, 2024 · Duke Company Lord Company 2024 2024 2024 2024 Net sales $1,849,000 $546,000 Cost of goods sold Operating expenses Interest expense Income tax expense 1,063,200 289,000 82,000 240,000 6,800 3,600 28,000 62,000 $ 79,467 125,812 30,281 Current assets Plant assets (net) Current liabilities 325,975 $312,410 83,336 139,728 … WebDevine Distributing Company Hayden Trial Balance 12/31/2024 Account Name Debit Credit 10 Cash $12,820 11 Accounts Receivable 2,700 12 Inventory 8,720 13 Supplies … cynthiafaye.com
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WebThe Income Statement will be prepared in the following manner: Devine Distributing Company Income Statement For the period ending Dec 312024Net Sales...................$18,928(see explanation below) Less:Cost of Goods Sold....$11,900Gross Profit................$ 7,028 Less:Operating Expenses WebDec 31, 2024 · The following items and amounts were taken from Cullumber Company's 2024 income statement and balance sheet. Cash $86,400 Accounts receivable $90,400 Retained earnings 121,700 Sales revenue 586,000 Cost of goods sold 436,500 Notes payable 6,400 Salaries a; On December 1, 2024, Devine Distributing Company had … WebA list of financial statement items for Cullumber Corporation includes the following: Accounts receivable $15,400 Cash $15,800 Inventory $10,000 Supplies $2,800 Prepaid insurance $4,200... cynthia faye obituary