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7. Owner, Capital 8. Interest Expense 15. Rent Expense 16. Wages Payable The Adjusted Trial Balance columns of a 10-column work sheet for Planta Company
7. Owner, Capital 8. Interest Expense 15. Rent Expense 16. Wages Payable The Adjusted Trial Balance columns of a 10-column work sheet for Planta Company follow. Complete the Exercise 4-2 work sheet by extending the account balances into the appropriate financial statement columns and by Extending acounts in a entering the amount of net income for the reporting period work sheet P1 Balance Sheet and Statement of Owner's Equity Unadjusted Adjusted Trial Balance Income Trial Balance Adjustments Statement 4 No. Account Title 5 101 Cash 6106 Accounts receivable 7 153 Trucks 8 154 Accumulated depreciation-Trucks 9 183 Land 10 201 Accounts payable 11 209 Salaries payable 2 233 Unearned fees 13 301 F. Planta, Capital 4302 F. Planta, Withdrawals 15 401 Plumbing fees earned 6 611 Depreciation expense-Trucks 7 622 Salaries expense 18 640 Rent expense 9 677 Miscellaneous expenses Dr. Dr. Cr. Cr Dr. $ 7,000 27:200 42,000 S17,500 32,000 15,000 4,200 3,600 65,500 15,400 84,000_ 6,500 38,000 13,000 8,700 Totals $189,800 $189,800 Check Net income, $17,800 e the following information from the Adjustments columns of a 10-column work sheet to prepare the sary adjusting journal entries (a) through (e). Exercise 4-3 Preparing adjusting entries
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