12) The following is the Easton Company's adjusted Trial Balance.

Easton Company

Adjusted Trial Balance

December 31, 2018

Account Title Debit Credit

Cash $88,665 

 

Accounts Receivable $232,000 

 

Supplies $17,000 

 

Equipment $395,000 

 

Accumulated Depreciation $224,260 

Accounts Payable $72,555 

Capital Stock $220,000 

Retained Earnings $127,145 

Service Revenue $877,105 

Interest Income $5,500 

Dividends $7,000 

 

Rent Expense $59,900 

 

Wages Expense $529,000 

 

Supplies Expense $40,000 

 

Utilities Expense $8,000 

 

Depreciation Expense $150,000 

     Totals $1,526,565  $1,526,565

Use this information to prepare the Balance Sheet for the fiscal year. There are additional lines in the formatted Balance Sheet form to allow for authorized alternate presentations