Posted at 15:09h
in
2015/2/10
Prepare Financial Statements from Adjusted Trial Balance Worksheet The 2012 year-end adjusted balances taken from the general ledger of Cooperstown Services, Inc. are listed below in general ledger order.Coopertown Suppliers, Inc. DRCRCash$12,950 Accounts receivable28,150 Supplies8,400 Prepaid insurance9,500 Land115,000 Buildings360,000 Equipment260,000 Accumulated depreciation $239,900Accounts payable 35,300Salaries payable 7,300Taxes payableCommon stock 5,20031,500Additional paid-in capital – CommonRetained earnings 15,400427,600Dividends25,400 Service revenue 475,000Salaries expense335,600 Depreciation...