Examlex

Solved

The Alphabetical Listing Below Includes All of the Adjusted Account

question 21

Essay

The alphabetical listing below includes all of the adjusted account balances of Battle Creek,Inc.as of December 31,2018.All account balances are normal.
 Accounts Payable $,000 Accounts Receivable 16,000 Accumulated Depreciation 6,000 Common Stock 4,000 Cash 10,000 Depreciation Expense 2,000 Dividends 2,000 Equipment 18,000 Income Tax Expense 2,000 Income Taxes Payable 2,000 Rent Expense 4,000 Retained Earnings 6,000 Salaries and Wages Expense 8,000 Service Revenue 36,000 Deferred Revenue 2,000\begin{array}{lr}\text { Accounts Payable } & \$, 000 \\\text { Accounts Receivable } & 16,000 \\\text { Accumulated Depreciation } & 6,000 \\\text { Common Stock } & 4,000 \\\text { Cash } & 10,000 \\\text { Depreciation Expense } & 2,000 \\\text { Dividends } & 2,000 \\\text { Equipment } & 18,000 \\\text { Income Tax Expense } & 2,000 \\\text { Income Taxes Payable } & 2,000 \\\text { Rent Expense } & 4,000 \\\text { Retained Earnings } & 6,000 \\\text { Salaries and Wages Expense } & 8,000 \\\text { Service Revenue } & 36,000 \\\text { Deferred Revenue } & 2,000\end{array} Required:
Part a.Prepare the closing entries.
Part b.Prepare the post-closing trial balance as of December 31,2018.
Part c.Prepare the classified balance sheet at December 31,2018.


Definitions:

Normalization

The process of making something conform to a standard or a typical state or condition.

Nursing Intervention

Actions taken by a nurse to enhance patient outcomes, including monitoring health conditions, administering medications, and providing education.

Chronic Illness

A long-term health condition that requires ongoing management over a period of years or decades.

Related Questions