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Homework answers / question archive / Adjusted Trial Balance As of 12/31/20xx Accounts Account Balances Cash $20,727 Accounts Receivable 28,000 4,000 Allowance for Uncollectible Accounts Prepaid Rent Equipment Accumulated Depreciation Accounts Payable Deferred Revenue 35,000 40,167 10,000 10,727 10,000 30,000 Common Stock Retained Earnings Dividends 10,000 Service Revenue 3,000 65,167 1,000 Sales Discounts 14,000 Rent Expense Interest Expense Income Tax Expense 4,000 4,000 Question:Based on the Partial Trial Balance and Additional Info shown below, what is the amount of the Total Assets shown on the Balance Sheet you prepared on your scratch paper? Additional Information: Net Income After-taxes for the Accounting Period equaled $52,167

Adjusted Trial Balance As of 12/31/20xx Accounts Account Balances Cash $20,727 Accounts Receivable 28,000 4,000 Allowance for Uncollectible Accounts Prepaid Rent Equipment Accumulated Depreciation Accounts Payable Deferred Revenue 35,000 40,167 10,000 10,727 10,000 30,000 Common Stock Retained Earnings Dividends 10,000 Service Revenue 3,000 65,167 1,000 Sales Discounts 14,000 Rent Expense Interest Expense Income Tax Expense 4,000 4,000 Question:Based on the Partial Trial Balance and Additional Info shown below, what is the amount of the Total Assets shown on the Balance Sheet you prepared on your scratch paper? Additional Information: Net Income After-taxes for the Accounting Period equaled $52,167

Accounting

Adjusted Trial Balance As of 12/31/20xx Accounts Account Balances Cash $20,727 Accounts Receivable 28,000 4,000 Allowance for Uncollectible Accounts Prepaid Rent Equipment Accumulated Depreciation Accounts Payable Deferred Revenue 35,000 40,167 10,000 10,727 10,000 30,000 Common Stock Retained Earnings Dividends 10,000 Service Revenue 3,000 65,167 1,000 Sales Discounts 14,000 Rent Expense Interest Expense Income Tax Expense 4,000 4,000 Question:Based on the Partial Trial Balance and Additional Info shown below, what is the amount of the Total Assets shown on the Balance Sheet you prepared on your scratch paper? Additional Information: Net Income After-taxes for the Accounting Period equaled $52,167 . Beginning Balance of Common Stock on 1/1/20xx $30,000 Beginning Balance of Retained Earnings on 1/1/20xx $10,000 No new stock was issued during the accounting period.

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