6 7 Section 5: Financial Statements The adjusted trial balance for Evonexpress is as follows: EVONEXPRESS...

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6 7 Section 5: Financial Statements The adjusted trial balance for Evonexpress is as follows: EVONEXPRESS Adjusted Trial Balance 31-Dec-21 9 Dr. Cr. 10 Cash $6,200 11 Accounts receivable 7,500 12 Prepaid insurance 1,800 11 Equipment 33,000 14 Accumulated depreciation-equipment $8,600 15 Accounts payable 14,700 16 Evon, capital 34,000 17 Evon, drawings 7,200 14 Service revenue 46,000 19 Depreciation expense 2,500 20 Insurance expense 1,200 Salaries expense 39,600 22 Uslities expense 4,000 21 Totals $103,300 $103,300 24 10 G H J K 25 Required 26 27 28 e 25 Prepare an income statement b. Prepare Statement of Owner's Equity Evon made an additional investment in the business of $4,000 during 2021. The investment has been recorded and it is included in the capital account Prepare a classified Balance Sheet 6 7 Section 5: Financial Statements The adjusted trial balance for Evonexpress is as follows: EVONEXPRESS Adjusted Trial Balance 31-Dec-21 9 Dr. Cr. 10 Cash $6,200 11 Accounts receivable 7,500 12 Prepaid insurance 1,800 11 Equipment 33,000 14 Accumulated depreciation-equipment $8,600 15 Accounts payable 14,700 16 Evon, capital 34,000 17 Evon, drawings 7,200 14 Service revenue 46,000 19 Depreciation expense 2,500 20 Insurance expense 1,200 Salaries expense 39,600 22 Uslities expense 4,000 21 Totals $103,300 $103,300 24 10 G H J K 25 Required 26 27 28 e 25 Prepare an income statement b. Prepare Statement of Owner's Equity Evon made an additional investment in the business of $4,000 during 2021. The investment has been recorded and it is included in the capital account Prepare a classified Balance Sheet