Question
Alert Security Services Co. offers security services to business clients. Complete the following end-of-period spreadsheet for Alert Security Services Co.: Alert Security Services Co. End-of-Period
Alert Security Services Co. offers security services to business clients. Complete the following end-of-period spreadsheet for Alert Security Services Co.:
Alert Security Services Co. |
End-of-Period Spreadsheet |
For the Year Ended October 31, 20Y3 |
1 |
| Adjusted | Adjusted |
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2 |
| Trial Balance | Trial Balance | Income Statement | Income Statement | Balance Sheet | Balance Sheet |
3 | Account Title | Debit | Credit | Debit | Credit | Debit | Credit |
4 | Cash | 13.00 |
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5 | Accounts Receivable | 108.00 |
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6 | Supplies | 8.00 |
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7 | Prepaid Insurance | 2.00 |
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8 | Land | 184.00 |
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9 | Equipment | 50.00 |
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10 | Accumulated Depreciation-Equipment |
| 7.00 |
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11 | Accounts Payable |
| 34.00 |
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12 | Wages Payable |
| 2.00 |
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13 | Common Stock |
| 50.00 |
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14 | Retained Earnings |
| 196.00 |
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15 | Dividends | 6.00 |
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16 | Fees Earned |
| 227.00 |
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17 | Wages Expense | 108.00 |
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18 | Rent Expense | 15.00 |
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19 | Insurance Expense | 8.00 |
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20 | Utilities Expense | 7.00 |
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21 | Supplies Expense | 3.00 |
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22 | Depreciation Expense-Equipment | 2.00 |
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23 | Miscellaneous Expense | 2.00 |
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24 |
| $516.00 | $516.00 |
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25 | Net income (loss) |
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Prepare an income statement, statement of stockholders equity, and balance sheet for Alert Security Services Co. During the year ended October 31, 20Y3, common stock of $10 was issued.
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