The following are the accounts and their balances as of May 31, 2010 for Smith Construction

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Prepare the trial balance for Smith Construction as of May 31, 2010 listing the accounts in the proper order.  
Prepare the Income Statement, Statement of retained earnings and balance sheet for Smith Construction as of May 31.
These statements are for the period March, April, and May. Assume retained earnings starts at a 0 blance 
         
Account Balance     
Repair expense1,000     
cash47,240     
Tools1,200     
Accounts Payable0     
Supplies1,500     
Common Stock41,000     
Rent Expense2,000     
Equipment24,000     
Dividends3,900     
Accounts receivable1,080     
Salary Expense10,780     
Service Revenue51,700     
Retained Earnings0     
         
    • 13 years ago
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