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4. Complete the following work sheet for Residential Enterprises. Residential Enterprises Work sheet For the Year Ended December 31, 2016 Adjusted Trial Balance Income Statement

4. Complete the following work sheet for Residential Enterprises.

Residential Enterprises Work sheet For the Year Ended December 31, 2016

Adjusted Trial Balance

Income Statement

Balance Sheet

Account Title

Debit

Credit

Debit

Credit

Debit

Credit

Cash

14,500

Accounts Receivable

7,500

Supplies

500

Equipment

20,500

Accumulated Depr-Equip

15,000

Accounts Payable

9,500

Wages Payable

3,060

Capital Stock

13,240

Retained Earnings, 1/1/16

5,000

Dividends

1,000

Fees Earned

34,000

Wages Expense

18,000

Rent Expense

9,300

Depreciation Expense

8,500

Totals

79,800

79,800

Net Income (Loss)

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