Using an Internet web browser, search for AICPA’s Statement on Standards for Attestation Engagements (SSAE) No. 18, and perform the following: a. Explain the relevance of SSAE 18 and what….
prepare a classified balance sheet assuming 80% of notes payable representing long term
- The following Trial Balance is given for the quarter ended March 31, 2020.
Salaries and Wages
- A physical count reveals of $ 500 supplies on hand
- Insurance expires at the rate of $ 200 per month
- Depreciate Equipment at 20% p.a.
- Unearned Revenue amounted to $ 1000 is still unearned at period end.
- Accrued salaries are $ 1000.
- Prepare a worksheet using 10 column.
- Journalize the closing entries.
- prepare a classified balance sheet assuming 80% of notes payable representing long term