Answered

Discover a world of knowledge at Westonci.ca, where experts and enthusiasts come together to answer your questions. Experience the convenience of finding accurate answers to your questions from knowledgeable professionals on our platform. Join our platform to connect with experts ready to provide precise answers to your questions in different areas.

1 Prepare the trial balance of Harbor Marine Company at December 31, 2018. List the accounts in their proper order.

a. Check your spelling carefully and do not abbreviate.
b. Enter amounts in millions, as provided to you in the data.
c. Enter the accounts in the proper order. Enter the income statement accounts on the last two lines, listing the account with the credit balance first.

(Always use cell references and formulas where appropriate to receive full credit. If you copy/paste from the Instructions tab you will be marked wrong.) 33
2 How much was the company’s net income or net loss?

a. Enter the answer as a positive value.
b. Enter the amount in millions, as provided to you in the data.

(Always use cell references and formulas where appropriate to receive full credit. If you copy/paste from the Instructions tab you will be marked wrong.) 2