Debt Investment Trademarks Assignment
Debt Investment Trademarks Assignment
Debt investment (long-term) Trademarks 2,000 68,000 3,500 1800 Service revenue Prepaid insurance Maintenance and repairs expense Depreciation expense Accounts receivable Insurance expense Salaries and wages expense Accumulated depreciation-equipment 3,600 11,700 2,200 37,000 17600 Instructions
Prepare an income statement, a retained earnings statement, and a classified balance sheet as of ber 31, 2022 Decem- P2.3ALO 1), AP You are provided with the following information for Lazuris Enterprises, effective as of its April 30, 2022, year-end. s 834 Accounts payable Accounts receivable Accumulated depreciation-equipment 810 670 1,270 Cash 16900 Common stock Cost of goods sold Depreciation expense Dividends 1,060 335 325 2,420 Equipment Goodwill 1,800 165 Income tax expense 135 Income taxes payable Insurance expense Interest expense 210 400 967 Inventory Investment inland 14,200 3,100 3,500 Land Mortgage payable (long-term) Notes payable (short-term) Prepaid insurance Retained earnings (beginning) Salaries and wages expense Salaries and wages payable 61 60 1,600 700 222 5,100 1,200 Sales revenue Stock investments (short-term) Instructions a. Prepare an income statement and a retained earnings statement for Lazuris Enterprises for the year ended April 30, 2022 b. Prepare a classified balance sheet for Lanuris Enterprises as of April 30, 2022. 扫描全 y2.7 (LO 2), AP Selected financial data of two competitors, Target and Wal-Mart, here.(All dollars are in millions.) Suppose the data were taken from 2022 financial.
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