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Module 1 Homework Kanpur Co. for the fiscal year ended June 30, 2019: 92,000 Accounts Receivable Merchandisiner 10,000 2.0,000 5.000.000 50,000 37000 Cast of Merchandise 12.000 de perse-Store met Accueremos 50.000 mensen 5,000 20,000 10,000 Accounts Payat Custom Bands Poste 1.100 Doctopeto-one met 19.000 ie Sospense 5,000 Mortal de 20) Required: 1. Prepare a multiple-step income statement. KANPUR CO. Income Statement For the Year Ended June 30, 2019 How ..) Kanpur Co. for the fiscal year ended June 30, 2019: 5300,000 Account Here 120,000 S. 3.000 Accurated Depreciation Office Equipment 540,000 8.00 Accumulated Depreciation-Share 10,000 Customer Sunday 35.000 12,000 Gerber C Required: 1. Prepare a multiple-step income statement. KANPUR CO. Income Statement For the Year Ended June 30, 2019 See 1 Insurance expense Presiden Sales Cut My War Pe Module 10 Homework 2. Prepare a statement of owner's equity. KANPUR CO. Statement of Owner's Equity For the Year Ended June 30, 2019 me captures 2019 ce capital1. 2018 Increase in owner's et come to the year 3. Prepare a balance sheet, assuming that the current portion of the note payable is $7,000. KANPUR CO. Balance Sheet June 30, 2019 Liabilities Current Assets Current Protect 4. Which type of income statement shows intermediate balances? Mode 10 Homework 2. Prepare a statement of owner's equity. KANPUR CO. Statement of Owner's Equity For the Year Ended June 30, 2019 3. Prepare a balance sheet, assuming that the current portion of the note payable is $7,000 KANPUR CO. Balance Sheet June 30, 2019 Liabilities Care Assets Current Langarm Owne La accounts payable Lesso depreciation omo egunert and tercontent Lesenteerde Wirtyper or income statement shows intermediate batances? Check My Kanpur Co. for the fiscal year ended June 30, 2019: $300,000 8,925,000 5,620,000 850,000 420,000 33,000 $92,000 Gerri Faber, Drawing 450,000 Sales 370,000 Cost of Merchandise Sold 5,000 Sales Salaries Expense 10,000 Advertising Expense 12,000 Depreciation Expense-Store Equipment 220,000 Miscellaneous Selling Expense 58,000 Office Salaries Expense 650,000 Rent Expense 87,500 Insurance Expense 38,500 Depreciation Expense-Office Equipment 10,000 Office Supplies Expense 4,000 Miscellaneous Administrative Exp. 18,000 Cash Accounts Receivable Merchandise Inventory Estimated Returns Inventory Office Supplies Prepaid Insurance Office Equipment Accumulated Depreciation-office Equipment Store Equipment Accumulated Depreciation-store Equipment Accounts Payable Customer Refunds Payable Salaries Payable Note Payable (final payment due 2032) Gerri Faber, Capital > 540,000 48,000 24,000 10,000 4,000 6,000 140,000 Interest Expense 12,000 431,000

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