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April 20, 2014

Homework Help: accounting

Posted by eva on Saturday, November 25, 2006 at 10:21pm.

Benjamin O'Henry has owned and operated O'Henry's data Service since it beginning ten years ago.From all appearances,, the business has prospered. in the past few years, you have become friends with O'Henry and his wife. Recently, O'Henry mentioned that he has lost his zest for the business and would consider selling it for the right price. You are intersted in buying this business , and you obtain its most recent monthly unadjusted trial balance which follows:
Cash:$9700
Accounts receivable: 7,900
prepaid expenses:2600


Revenuesand expenses vary little from month to month, and november is a typical month, Your investigation reveals that the unadjusted trial balance does not include the effects of monthly

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