Prepare north east electroniocs classified balance sheet

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Reference no: EM13615018

The accounts of NorthEast electronics are listed along withtheir balances before closing at May 31. 2009

Interestrevenue $ 400	Accountspayable $16900
Inventory 45000	Accountsrecievable 33700
Note payable , longterm 45000	Accumaleteeddepreciation 38000
Salarypayable 2800
Salesdiscounts 2400	Lou Colgin capital,
Sales returns andallowances 8000	April30th 2009 3900
Salesrevenue 296 600	Lou Colgin withdrawals 19000
Sellingexpenses 37900	Cash 7800
Supplies 5900	Cost of goodssold 162 000
Unearned salesrevenue 13800	Equipment 129 600
Interestpayable 1100	Generalexpenses 16700

1. Prepare a North east Electronics multi step incomestatement for the month ended in May 31st 2009

2. Prepare North east Electroniocs classified balance sheet inreport form at May 31 , balance of Lou Colgin, Capital

3. Prepare a North east Electronics multi step incomestatement for the month ended in May 31st 2009

4. Prepare North east Electroniocs classified balance sheet inreport form at May 31 , balance of Lou Colgin, Capital

Reference no: EM13615018

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