Exercise 4-26
Score:
Key Code:
Instructions
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Total expenses
Net income (loss)
Current assets: Current liabilities
Total liabilities
Total current assets
Property, plant, and equipment:
Total stockholders’ equity
Total property, plant, and equipment
Total assets Total liabilities and stockholders’ equity
[Key code here]
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ALERT SECURITY SERVICES CO.
Income Statement
Section:
0%
Retained earnings, November 1, 2013
ALERT SECURITY SERVICES CO.
Expenses:
Balance Sheet
For the Year Ended October 31, 2014
ALERT SECURITY SERVICES CO.
Revenues:
For the Year Ended October 31, 2014
Retained earnings, October 31, 2014
October 31, 2014
Assets
Liabilities
Stockholders’ Equity
Name:
Retained Earnings Statement
Exercise 4-26
Score:
Instructions
Answers are entered in the cells with gray backgrounds.
213$
111$
Wages expense
Expenses:
An asterisk (*) will appear to the right of an incorrect entry.
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Fees earned
ALERT SECURITY SERVICES CO.
Income Statement
For the Year Ended October 31, 2014
Revenues:
Solution
Name:
Section:
ON
For the Year Ended October 31, 2014
ALERT SECURITY SERVICES CO.
Retained Earnings Statement
Rent expense
Depreciation expense
Supplies expense
Insurance expense