Accounting.

Wiley Practice for balancing credits and debits when it comes to salary and expense balance sheets

Janet Morton and Kim Wong Pet Kingdom Inc On November 1 2006, Janet Morton and Kim Wong formed Pet Kingdom, Inc., to sell pets and pet supplies. Pertinent information regarding Pet Kingdom is summarized as follows: *Business address is 1010 Northwest Parkway, Dallas TX 75225, phone is (214) 555-2211; email address is . *EIN is 11-, principal business activity code is *Janet and Kim each own 50% of the common stock; Janet is President and Kim is vice president of the company. No other class of s...

On November 1 2006, Janet Morton and Kim Wong formed Pet Kingdom, Inc., to sell pets and pet supplies. Pertinent information regarding Pet Kingdom is summarized as follows: *Business address is 1010 Northwest Parkway, Dallas TX 75225, phone is (214) 555-2211; email address is . *EIN is 11-, principal business activity code is *Janet and Kim each own 50% of the common stock; Janet is President and Kim is vice president of the company. No other class of stock is authorized. *Both Janet and ...