create a jounral entry starting with revenue acccounts, then a journal entry with expense accounts, then a journal entry with dividends accounts. Then tell me what my retained earning balance isData table
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- The income statement is drawn up from the figures in the _________________ Select one: a. Accounts Receivable ledger b. Accounts payable ledger c. Trial Balance d. Cash Flow StatementHello, can I have help with creating a journal entry, ending balances, income statement, and net profit ratio?Give a example of accruals and write a numeric example for it with Accountıng entries
- List the preset ways in which QuickBooks Accountant can present a balance sheet.How do you close revenue, expense, dividend, and income summary accounts*Required: Record the transactions using a general journal. Create your own account titles that will appropriately describe the exchanges of values. Post in T-accounts and compute the total assets, liabilities, and equity.
- CREATE YOUR OWN FORM OF “CHART OF ACCOUNTS”Listed below are the transactions of Joseph Moore, D.D.S., for the month of September. Sept. 1 2 4 4 5 8 10 14 18 19 20 25 30 30 Moore begins practice as a dentist, invests $20,030 cash and issues 2,003 shares of $10 par stock. Purchases dental equipment on account from Green Jacket Co. for $17,820. Pays rent for office space, $690 for the month. Employs a receptionist, Michael Bradley. Purchases dental supplies for cash, $900. Receives cash of $1,770 from patients for services performed. Pays miscellaneous office expenses, $420. Bills patients $5,950 for services performed. Pays Green Jacket Co. on account, $3,760. Pays a dividend of $3,090 cash. Receives $1,060 from patients on account. Bills patients $1,980 for services performed. Pays the following expenses in cash: Salaries and wages $1,700; miscellaneous office expenses $83. Dental supplies used during September, $320. Record depreciation using a 5-year life on the equipment, the straight-line method, and no salvage value.Which type of debit account is balanced in the income statement columns of a worksheet?