From the following Trial Balance, identify which statement each title will appear on: Income Statement (IS)
Question:
From the following Trial Balance, identify which statement each title will appear on:
▼ Income Statement (IS)
▼ Statement of Owner’s Equity (OE)
▼ Balance Sheet (BS) LO.1
Transcribed Image Text:
LOGAN CO. TRIAL BALANCE SEPT. 30, 200X Dr. Cr. ABCDEFGHIK A. Cash 390 B. Supplies 100 C. Office Equipment 200 D. Accounts Payable 100 E. D. Heath, Capital 450 F. D. Heath, Withdrawals 160 G. Fees Earned 290 H. Hair Salon Fees 300 I. Salaries Expense 130 Rent Expense 120 K. Advertising Expense 40 TOTALS 1,140 1,140
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Related Book For
College Accounting A Practical Approach Chapters 1-26
ISBN: 9780130911421
8th Edition
Authors: Jeffrey Slater
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