0% Plagiarism Guaranteed & Custom Written

The December 31, 2016, adjusted trial balance

24 / 01 / 2019 Assignments

This paper circulates around the core theme of The December 31, 2016, adjusted trial balance together with its essential aspects. It has been reviewed and purchased by the majority of students thus, this paper is rated 4.8 out of 5 points by the students. In addition to this, the price of this paper commences from £ 79. To get this paper written from the scratch, order this assignment now. 100% confidential, 100% plagiarism-free.

The December 31, 2016, adjusted trial balance

The December 31, 2016, adjusted trial balance for the Blueboy Cheese Corporation is presented below. Account TitleDebitsCredits Cash21,000 Accounts receivable300,000 Prepaid rent10,000 Inventory50,000 Office equipment600,000 Accumulated depreciation—office equipment250,000 Accounts payable60,000 Note payable (due in six months)60,000 Salaries payable8,000 Interest payable2,000 Common stock400,000 Retained earnings100,000 Sales revenue800,000 Cost of goods sold480,000 Salaries expense120,000 Rent expense30,000 Depreciation expense60,000 Interest expense4,000 Advertising expense5,000 Totals1,680,000 1,680,000 1) A. Prepare an Income Statement for the year ending December 31, 2016.1) B. Prepare a classified balance sheet as of December 31, 2016. Indicate amounts deducted with minus sign.2) Prepare the necessary closing entries at December 31, 2016.


100% Plagiarism Free & Custom Written


International House, 12 Constance Street, London, United Kingdom,
E16 2DQ

Company # 11483120

STILL NOT CONVINCED?

We've produced some samples of what you can expect from our Academic Writing Service - these are created by our writers to show you the kind of high-quality work you'll receive. Take a look for yourself!

View Our Samples

Benefits You Get

  • Free Turnitin Report
  • Unlimited Revisions
  • Installment Plan
  • 24/7 Customer Support
  • Plagiarism Free Guarantee
  • 100% Confidentiality
  • 100% Satisfaction Guarantee
  • 100% Money-Back Guarantee
  • On-Time Delivery Guarantee
FLAT 25% OFF ON EVERY ORDER. Use "FLAT25" as your promo code during checkout