Plese do the exercise: By the end of December 2021, Greta Thunberg, chief accountant of Silence is working to finish his accounting for the year. He realizes that he still needs to prepare the closing entries. This is the trial balance that he has.
Plese do the exercise: By the end of December 2021, Greta Thunberg, chief accountant of Silence is working to finish his accounting for the year. He realizes that he still needs to prepare the closing entries. This is the trial balance that he has.
Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter18: Accounting For Income Taxes
Section: Chapter Questions
Problem 12E: Temporary and Permanent Differences Lin has just completed its first year of operations and has a...
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Plese do the exercise:
By the end of December 2021, Greta Thunberg, chief accountant of Silence is working to finish his accounting for the year. He realizes that he still needs to prepare the closing entries.
This is the
Transcribed Image Text:Acapulco Inc.
Trial Balance dated December 31st year 2021
Cash And Equivalents
Accounts Receivable
Other Receivables,
Notes Receivable
Inventory
Prepaid Expenses
Other Current Assets,
Gross Property Plant And Equipment
Goodwill
Loans Receivable, Long-Term
Deferred Tax Assets Long-Term
Other Long-Term Assets
Dividends
Accounts Payable
Accrued Expenses
Current Income Taxes. Pavable.
Unearned Revenue Current
Other Current Liabilities
Long-Term Debt
Unearned Revenue Non Current
Deferred Tax Liability Non Current
Other Non Current Liabilities
Common Stock
Additional Paid, In Capital
Betained Earnings
Accumulated Depreciation,
Bevenues
Cost of Goods Sold
Selling General & Admin Expenses
Depreciation & Amortization
Other Operating, Expenses
Interest Expense
Income Tax Expense
Total
Debit
15,56
59,69
2,37
3,42
25,13
24,11
15,30
818,63
85,53
10,14
0,77
40,08
200,00
1.293,94
158,14
40,99
66,25
7,40
49,72
2.917.17
Credit
42,70
64,90
8,54
3,34
8,55
299,82
3,31
10,05
53,09
0,44
172,57
219,28
386,88
1.643,70
2.917.17
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