M4 Engineering, Inc. Debit Credit Cash 70,000 Accounts Receivable 77,000 Allowance for Doubtful Accounts 38,500 Car 140,000 Accum. Depreciation 7,000 Accounts Payable 5,200 Notes Payable 52,000 Common...

Use the adjusted trial balance for the year ended April 30, 2020 to complete an income statement, Statement of stockholder’s equity, and balance sheet.

M4 Engineering, Inc.<br>Debit<br>Credit<br>Cash<br>70,000<br>Accounts Receivable<br>77,000<br>Allowance for Doubtful Accounts<br>38,500<br>Car<br>140,000<br>Accum. Depreciation<br>7,000<br>Accounts Payable<br>5,200<br>Notes Payable<br>52,000<br>Common Stock<br>20,000<br>Retained Earnings<br>10,000<br>Dividends<br>5,600<br>Sales<br>243,900<br>Cost of Goods Sold<br>45,500<br>Wages Expense<br>14,000<br>Rent Expense<br>21,000<br>Depreciation Expense<br>3,500<br>Total<br>376,600<br>376,600<br>MacBook Pro<br>

Extracted text: M4 Engineering, Inc. Debit Credit Cash 70,000 Accounts Receivable 77,000 Allowance for Doubtful Accounts 38,500 Car 140,000 Accum. Depreciation 7,000 Accounts Payable 5,200 Notes Payable 52,000 Common Stock 20,000 Retained Earnings 10,000 Dividends 5,600 Sales 243,900 Cost of Goods Sold 45,500 Wages Expense 14,000 Rent Expense 21,000 Depreciation Expense 3,500 Total 376,600 376,600 MacBook Pro

Jun 10, 2022

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M4 Engineering, Inc. Debit Credit Cash 70,000 Accounts Receivable 77,000 Allowance for Doubtful Accounts 38,500 Car 140,000 Accum. Depreciation 7,000 Accounts Payable 5,200 Notes Payable 52,000 Common...

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