8:03 Done 2 of 3 D y pre 10 Betty Brock, Inc Adjusted Trial Balance December 31, 2019 Catley S es Expand 100g Betty Brock, Inc. Adjusted TriBalance Dette Other dute mory ER Betty Brock, Inc. Adjusted Trial Balance December 31, 2019 Or 37,000 Allowance for Do Accounts 28.575 1,600 14.700 Emale Re Prepaid Insuran Land Office Eque Acumulated Depreciation Onice Equipm Buildings Accumulated Depreciation Buildings 48.000 Accumulated Depletion.Tuber Accounts Payat Salaries Payabi ,700 Customer Refunds Payable Notes Payable Capital, Betty Brock Betty Brock Dri 285.000 244.750 312.550 Purchases Roms and Ali Insurance Expe Interest Expens 25 000 Salaries Export U s Expense Other data: (1) inventory on Eimated (3) Bad Debt Expense, insurance Expense Repairs and Maintenance Expense, Depletion Expense, America Uutis Expensewe 100% administrative (4) Advertising Expense is 100% seiling (5) Depreciation Experte id Salaries Expense are 60% administrative and 40% seling (6) Portion of N (7) Betty Brock Instructions Prepare ain) Clasfied I ce Sheet Statement of Oner's Equity Closing entries legible, HANDWRITTEN You are reared to turn la This is not a group project Due Thursday, April 23, 1:00p.m. Betty Brock, Inc Adjusted Trial Balance December 31, 2019 SOS Cash Accounts Receivable Allowance for Doubtful Accounts Merchandise Inventory beginning Estimated Returns Inventory beginning Prepaid Insurance 46-575 1.600 14.700 120 000 46.000 Land Office Equipment Accumulated Depreciation-Office Equipment 16 365 Buildings 350.000 17.000 13.123 EN 88 312550 Accumulated Depreciation-Buildings Timber Accumulated Depletion Timber Patent Accounts Payable Salaries Payable Interest Payable Customer Refunds Payable Uneamed Rent Notes Payable Capital Betty Brock Betty Brock, Drawings Sales Purchases Purchases Returns and Allowances Purchase Discounts Freight Bad Debt Expense Insurance Expense Interest Expense Repairs and Maintenance Expense Salaries Expense Advertising Expense Depreciation Expense Depletion Expense Amortization Expense Utilities Expense Rent Revenue - Project 6000 2670 1 200 4 000 11.760 Type here to search C D A B Freight-in Bad Debt Expense Insurance Expense Ese 57 by Back on the rections Prepare 63 Wisco 10:05 Expert Q&A Bety Brock, the Adjusted Trial Balance December 31, 2019 12 med t r y beginning 25 000 7/100 a s Returns and Allowance Purchase Discounts Freight in Bad Debt Expense Insurance Expense Interest Expense Repairs and Maintenance Expense Salanes Expense Advertising Expense Depreciation Expense Depletion Expense Amortization Expense Utilities Expense Rent Revenue Project 35 200 5.700 11 815 1.200 4 000 11.750 Type here to search Freight-in Bad Debt Expense Insurance Expense Interest Expense Repairs and Maintenance Expense Salaries Expense Advertising Expense Depreciation Expense Depletion Expense Amortization Expense Utilities Expense Rent Revenue 6 000 2670 1600 25 000 7.100 35 200 5.700 11.760 1.100 170 Other data: (1) Inventory on hand at December 31, 2019 fie., ending inventory is $98.750 (2) Estimated Returns Inventory increased by $ 3.700 (3) Bad Debt Expense. Insurance Expense Repairs and Maintenance Expense, Depletion Expens Expense, and Utilities Expense are 100% administrative (4) Advertising Expense is 100% selling (5) Depreciation Expense and Salaries Expense are 60% administrative and 405 seling (6) Portion of Notes Payable payable in the next year 5 45.000 (7) Betty Brock contributions to the business in 2019 were $ 6900 Instructions: Prepare an Classified Balance Sheet Multi-step Income Statement Statement of Owner's Equity Closing entries 12:28