Problem 3.03A – Gamecock Advertising Agency
Spiceland, Thomas, and Herrman
10th Edition
Given information needed to make adjusting entries… prepare journal entries for year-end.
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Given information needed to make adjusting entries… prepare journal entries for year-end.
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Given the information that occurred throughout the year… prepare the year-end adjusting journal entries.
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Given information about the company’s fiscal year… prepare adjusting entries.
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Record closing entries and prepare a post-closing trial balance.
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Given an income statement, statement of stockholders’ equity, and balance sheet… record adjusting entries along with preparing a post-closing trial balance.
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Given T-accounts… calculate the cost of raw materials, indirect materials, indirect labor costs, costs of goods manufactured, unadjusted cost of goods sold, predetermined rate, ending work in process, direct materials cost, and applied overhead cost.
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