A partially completed worksheet for At Home Pet Care Service, a firm that grooms pets at the owner's home, follows. Credit Unadjusted Trial Balance Debit $64,100 10,900 12,000 8,000 42,000 No. Account 101 Cash 111 Accounts receivable 121 Supplies 125 Prepaid advertising 151 Equipment 152 Accumulated depreciation 202 Accounts payable 301 Larry Sims, Capital 302 Larry Sims, Drawing 401 Fees income 505 Salaries expense 520 Utilities expense 510 Supplies expense 503 Advertising expense 501 Depreciation expense-Equipment Total $0 12,000 91,000 6,000 53,200 11,600 1,600 $156,200 $156,200 Show less AT HOME PET CARE SERVICE Income Statement For the Month Ended December 31, 2021 Revenues: 0 0 Expenses: $ $ O 0 0 0 0 O 0 O Total expenses 0 Net income $ 0 AT HOME PET CARE SERVICE Balance Sheet December 31, 2021 Assets 0 0 0 0 0 $ Equipment Accumulated depreciation Equipment 42,000 1,160 43,160 43,160 Total Assets $ Liabilities and Equity Liabilities: 0 0 Equity: 91,000 91,000 Total Liabilities and Equity $ AT HOME PET CARE SERVICE Trial Balance December 31, 2021 Account Title Debit Credit Cash $ 64,100 10,900 Accounts receivable *Supplies 7,800 4,200 42,000 1,160 Prepaid advertising Equipment Accumulated depreciation Equipment Accounts payable Larry Sims, Capital Larry Sims, Drawing Depreciation expense-Equipment 12,000 91,000 6,000 2,320 30,840 Income summary Total $ 136,160 $ 136,160 A partially completed worksheet for At Home Pet Care Service, a firm that grooms pets at the owner's home, follows. Credit Unadjusted Trial Balance Debit $64,100 10,900 12,000 8,000 42,000 No. Account 101 Cash 111 Accounts receivable 121 Supplies 125 Prepaid advertising 151 Equipment 152 Accumulated depreciation 202 Accounts payable 301 Larry Sims, Capital 302 Larry Sims, Drawing 401 Fees income 505 Salaries expense 520 Utilities expense 510 Supplies expense 503 Advertising expense 501 Depreciation expense-Equipment Total $0 12,000 91,000 6,000 53,200 11,600 1,600 $156,200 $156,200 Show less AT HOME PET CARE SERVICE Income Statement For the Month Ended December 31, 2021 Revenues: 0 0 Expenses: $ $ O 0 0 0 0 O 0 O Total expenses 0 Net income $ 0 AT HOME PET CARE SERVICE Balance Sheet December 31, 2021 Assets 0 0 0 0 0 $ Equipment Accumulated depreciation Equipment 42,000 1,160 43,160 43,160 Total Assets $ Liabilities and Equity Liabilities: 0 0 Equity: 91,000 91,000 Total Liabilities and Equity $ AT HOME PET CARE SERVICE Trial Balance December 31, 2021 Account Title Debit Credit Cash $ 64,100 10,900 Accounts receivable *Supplies 7,800 4,200 42,000 1,160 Prepaid advertising Equipment Accumulated depreciation Equipment Accounts payable Larry Sims, Capital Larry Sims, Drawing Depreciation expense-Equipment 12,000 91,000 6,000 2,320 30,840 Income summary Total $ 136,160 $ 136,160
